Meme Coins: The Casino Disguised as Crypto

The reality check: Over 5,000 meme coins exist, but 99% are dead money. Combined market cap sits at $61 billion—sounds big until you realize Dogecoin alone eats up $28 billion, leaving crumbs for everything else.

Here’s the math: Dogecoin peaked in May 2021, then tanked 50% by month-end. Shiba Inu, Pepe, Official Trump—these got famous for hype cycles, not tech innovation. Once the memes fade, so does the price.

Why it’s basically gambling: Picking the next 100x meme coin? That’s pure luck, not skill. There’s zero way to fundamentally value them. You’re betting on other people’s FOMO, not business models or blockchain utility.

The honest take: If you’re thinking “maybe this is my lottery ticket,” just know the house odds are brutal. Real crypto investments exist, but they’re boring—they actually do something. Meme coins? They just… exist and hope.

Better odds: traditional value plays that have historically crushed indexes over decades.