Beyond the Meme: Why MEME Coin Matters in the Memecoin Wars

Memecoin isn’t just another joke token—it’s the native asset of Memeland, 9GAG’s Web3 studio that’s actually trying to build something around entertainment. But here’s the real story: how does MEME stack up when you strip away the hype?

The Numbers Don’t Lie

With a max supply of 69 billion tokens and only 12.75% circulating, MEME is currently ranked #5 in the memecoin space at $177.2M market cap. That puts it behind FLOKI, PEPE, SHIB, and DOGE—but ahead of hundreds of abandoned projects. The coin hit $0.02506 back in November 2023, and is now trading around $0.02909, sitting roughly 31.49% below ATH.

Here’s what matters: MEME runs on Ethereum, not its own blockchain. That means it’s a token, not a coin—which keeps gas fees predictable and security battle-tested.

The Memecoin Reality Check

Let’s be honest—memecoins are speculative as hell. They move on sentiment, not fundamentals. What separates projects like DOGE (born in 2013 with staying power) from rug pulls is community and actual use cases. MEME at least has 9GAG’s 20+ year brand credibility backing it, which is more than most.

The volatility is real. You can moon or get rekt. Many memecoin projects are straight-up scams. DYOR before you enter any position.

How the Trading Actually Works

On centralized exchanges, MEME pairs include MEME/USDT, MEME/BNB, and others—standard stuff for liquid assets. If you’re buying, you need an exchange account, fiat on-ramp, and execute at market prices.

Bottom line: MEME is a legitimate memecoin with brand backing, but it’s still a memecoin. Treat it like the high-risk, high-reward asset it is. Do your own research. Don’t invest money you can’t afford to lose.