Why So Much is Going Into Meme Coins This Cycle

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Another bull cycle, another discussion of what the trending meme coins on social media. We get a flurry of articles claiming to know the “best new meme coins”, mostly from lesser-known crypto news outlets.

In case you need reminding:

Meme coins should be treated as a joke. Almost all of them are a form of pump-and-dump with no real utility.

However, two main exceptions stand out: Dogecoin (DOGE) and…