AI agents hold the keys to the memecoin renaissance | Opinion
Memecoins have long been misunderstood, and amongst their great utility, there is an emerging perception that memecoins are simply conduits for celebrity-driven pump-and-dump schemes designed to rip the masses off. Despite this perception, and whilst some memecoins have certainly channelled a lot of capital into a small number of hands, this is far from the norm. Many memecoins can, and do, offer utility to users—from fractionalisation to predictive markets.
The focus must be on utility
More must be done to shift this negative and overriding perception—if this misleading narrative is left to fester and grow, it could risk causing industry-wide damage. The memecoin industry must collectively do more to highlight the unique innovation behind memecoins and their utility for not just the crypto market but broader society, too. To develop projects that demonstrate this, AI is the best co-pilot.
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