Meme Coins
What is a Meme?
A meme is defined by Webster’s New World College Dictionary as “a concept, belief, or practice conceived as a unit of cultural information that may be passed on from person to person, subject to influences in a way analogous to natural selection.” Memes have always existed but have grown rapidly in popularity due to the internet and social media. Sites such as Twitter and TikTok are flooded with memes, with common ones circulating like a virus and evolving through small changes. They are possibly the most effective way to quickly and efficiently distribute an idea or joke to large groups of people. As Elon Musk tweeted, “Who controls the memes controls the universe.”
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