What makes meme coins so popular? First of all, they are cheap. $PEPE costs less than a cent, and $DOGE is around $0.44, so anyone can buy a bunch of tokens and dream of millions. Secondly, it’s the hype. On X they write: "Meme coins are like a lottery, only with frogs and dogs." And also, stars like Elon Musk pour fuel on the fire. When he changed his name on X to "Kekius Maximus" and posted a meme with a frog, PEPE skyrocketed by 11%. And Binance, of course, stimulates interest by adding new tokens, like $BTC25, which promises "1000x by 2025."
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