Meme Coins Are Moving From Internet Jokes to Cultural and Financial Assets: Binance Blog
The surge in meme coin trading is gradually shifting how these assets are perceived. Meme coins can blend cultural context with financial gain alongside social commentary.
Meme Coin Popularity is on the Rise
Meme coins, cryptocurrencies inspired by humor and internet culture have captured the crypto world’s attention like never before.
Unlike traditional cryptocurrencies designed to solve specific real-world problems, meme coins thrive on relatability, pop culture references, and community-driven enthusiasm.
A recent blog post by Binance explored the rise of meme coins and their growing popularity beginning with the launch of dogecoin (DOGE) in 2013, followed by shiba inu (SHIB) in 2020, and how these digital assets have captured a significant market share in the crypto industry.
November 2024 saw trading volumes and market caps for meme coins surge. The blog post pointed to the growing assumption that the rise of meme coins mirrors the frustrations of a generation grappling with economic instability.
Furthermore, the post explored how younger generations are turning to digital assets as a form of rebellion against the status quo, with meme coins acting as a symbolic vote against outdated financial institutions.
The potential for massive gains in a short time has seen many choose meme coins as a more accessible way to financial freedom, albeit with significant risks.
The added lore of meme coins as status symbols resonates with the internet-savvy generation.
Purchasing a meme coin is often akin to joining a social movement or making a statement about one’s values and personality.
For example, the “Chill Guy” meme coin inspired by the “Just a Chill Guy” meme became a cultural phenomenon. Holding the token wasn’t just about potential profits; it was reportedly a badge of “chillness,” creating a sense of belonging where financial speculation intersects with personal identity and shared values.
Meme coins were also explored as symbols of resistance, transcending their playful roots to embody deeper values.
The blog shared the striking example of Gen Z QUANT, where a 13-year-old developer’s rug pull sparked an unprecedented show of unity among investors.
Rather than abandon the token, the community rallied around it, transforming it into a symbol of defiance against deceit.
This collective effort drove QUANT’s price up by over 71,000% in six hours, with trading volumes hitting $213.7 million. For holders, the token wasn’t just an asset—it was a statement of resilience and a rejection of dishonesty in the crypto space.
The strong ecosystem of platforms such as pump.fun whose popularity has boosted Solana’s activity, and communities on X and Discord help amplify the hype, sharing memes, strategies, and support for their favorite tokens.
This vibrant ecosystem, according to Binance, transforms meme coins from fleeting trends into cultural movements, powered by technology and social networks.
While critics argue that meme coins are unsustainable due to their reliance on hype and sentiment rather than intrinsic value or utility, the report notes that projects like RIF and URO are exploring innovative use cases such as decentralized science where token holders gain intellectual property (IP) rights to research outcomes.
Overall, meme coins are becoming a fascinating blend of financial opportunity, cultural expression, and social commentary. While their volatility and lack of clear use cases make them inherently risky, their ability to unite communities and challenge the status quo gives them a unique place in the crypto world.

#MemecoinSeason2024 #Binance #cryptomarket #cryptocurrencies #CryptoNews

In recent days, a new player has stormed onto the cryptocurrency scene with unprecedented vigor - BOME, short for Book of Meme. This memecoin, launched a mere two days ago, has captivated the market, surging past the $1 billion mark in record time. But what exactly is BOME, and why has it garnered such immense popularity in such a short span?
BOME distinguishes itself as an experimental project seeking to redefine the landscape of web3 culture. Combining the allure of memes, decentralized storage solutions, and the trading of Decanter shitcoin, it ambitiously aims to encapsulate the ever-evolving meme culture in a digital compendium immortalized on the blockchain. The project's ethos revolves around decentralization and the unstoppable nature of memes, envisioning a future where social media is revolutionized through blockchain technology.
The project's rapid ascent to fame saw it listed first on Bybit, followed swiftly by a spot on the prestigious Binance market. This strategic positioning has undoubtedly fueled its meteoric rise, drawing attention from both seasoned investors and curious onlookers alike.
However, while BOME basks in the limelight, other memecoins such as PEPE, WIF, FLOKI, and BONK have experienced a stark decline, shedding more than 10% of their value in a single day. This juxtaposition highlights the volatile nature of the cryptocurrency market and the unpredictable fortunes that accompany it.
One of the most intriguing aspects of BOME's journey is the story of its first investor, known by the moniker Sundayfunday. This visionary individual initially invested 420 SOLs, equivalent to $67,200, during the fundraising phase. Today, their unrealized earnings have skyrocketed to a staggering $34.56 million, boasting an impressive rate of return of 436x. Remarkably, this investor has yet to sell any tokens, underscoring the belief in BOME's long-term potential.
Furthermore, data from Looksonchain reveals another participant's success story in the BOME pre-sale. Selling all 347 million BOME for 34,647 SOL, equivalent to $6.58 million, this participant realized a remarkable gain of 340 times their initial investment. With just 102 SOL, roughly $19,000, invested in the pre-sale, they reaped substantial rewards through the subsequent airdrop of BOME tokens.
As BOME continues to make waves in the cryptocurrency sphere, its trajectory serves as a testament to the boundless possibilities of blockchain technology and the enduring allure of memes. With promises of future expansions and a vision for decentralized social media, BOME stands at the forefront of innovation, inviting investors and enthusiasts to join its transformative journey.
In conclusion, the rise of BOME symbolizes more than just a financial phenomenon; it represents a paradigm shift in the way we perceive and interact with digital assets. Whether it will sustain its meteoric ascent or succumb to the volatile currents of the market remains to be seen. Nonetheless, one thing is certain - the era of memecoins is upon us, and BOME leads the charge into uncharted territory.
Follow @MD Talha for more updates and latest news.
#Binance #MemecoinSeason2024 #BTC🔥🔥🔥🔥

Urgent Reminder: Connect Your Wallet for Memefi Mining Rewards by November 6
If you're involved in Memefi mining, this is a critical reminder. The Memefi mining phase will officially end on November 6, so be sure to link your wallet as soon as possible. Missing this step could mean forfeiting your accumulated rewards and any other mining gains.
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What Is Memefi Mining?
Memefi has created a unique space by merging meme culture with decentralized finance (DeFi). Unlike traditional crypto mining, Memefi focuses on community interaction, humor, and financial rewards. Since its launch, users have earned substantial rewards through participation, drawing high engagement and attention within the crypto community.
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Why Connecting Your Wallet Is Essential
With the mining phase concluding, linking your wallet is more than a formality—it's a crucial step for the following reasons:
1. Protect Your Earnings: By connecting your wallet, you ensure that all rewards and mined assets are securely transferred to your account.
2. Secure Your Final Balance: As mining wraps up, linking your wallet confirms your final balance, helping prevent any issues with transfers or potential asset loss.
3. Access Future Benefits: Even though mining is ending, connecting your wallet now could allow you to tap into future benefits for loyal platform participants.
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Don’t delay—make sure to connect your Memefi wallet before November 6 to secure your rewards and make the most of your mining efforts.
$MEME #MemecoinSeason2024 #BTCMiningRevenue

Will Bitcoin Reach $100,000? Dogecoin Founder Shares Take

One of the two Dogecoin founders, Billy Markus, who created the iconic meme cryptocurrency, Dogecoin, in collaboration with Jackson Palmer, has commented on the recent Bitcoin price surge.
While responding to a comment under his tweet, Markus, who is also known on social media as Shibetoshi Nakamoto, shared whether he expects BTC to finally reach $100,000 after all.
Markus’s “Bitcoin $100,000 prediction”Commenting on the recent Bitcoin surge, when it went up from $92,956 to the $96,252 level, adding $4,609, Shibetoshi Nakamoto tweeted sarcastically: “It lives!”
Billy Markus is well known for his ironic and playful manner of posting on social media. His sarcasm increases rapidly when he starts commenting on events related to cryptocurrency trading and price action.
He has stated multiple times in his tweets that he does not believe that analysts really know why Bitcoin goes up or what pushes it down.
This time, when a commentator asked Markus if he expects the world’s flagship cryptocurrency to break above $100,000, the Dogecoin co-creator published an animated GIF
Between Monday and Tuesday this week, the largest crypto plunged from the $98,670 zone, hitting a low of $90,900.
By Wednesday, Bitcoin recovered, adding 7.12% as it managed to reach $97,353. Since then, the digital gold has shed 2.37% and is currently changing hands at $95,058.
Multiple traders are now locking in profits, preventing Bitcoin from reaching $100,000. Recently the founder of Capriole Investments fund referred to this level as the biggest sell wall that has ever existed.
Dogecoin founder shows support for D.O.G.E.
Three days ago, Shibetoshi Nakamoto published a tweet, in which he made his support for D.O.G.E. (the U.S. Department of Government Efficiency) clear. He tweeted: “I really hope doge is successful.” Markus shared his feeling that the U.S. economy is in trouble.
He believes that government spending should be controlled: “It’s a quite literal death loop where the only solution is hyperinflation, which would ruin us.”
“Go doge go,” Markus concluded his tweet. Elon Musk, a friend of Markus, has been appointed as one of the two bosses of the newly formed governmental organization, and he has now taken on his new duty.
#Dogecoin #BTC #MemecoinSeason2024 #AltcoinSeason #CryptoNews

Memecoins Up 95%, ADA, SOL, And DOT Follow With Strong Gains

In what has been one of the most bullish months of the year, asset manager and crypto exchange-traded fund (ETF) issuer VanEck released a report highlighting significant gains in the memecoin sector, alongside notable performances from major cryptocurrencies like Cardano (ADA), Solana (SOL), Polkadot (DOT), and Stellar (XLM).
Solana’s Ecosystem Thrives
According to VanEck’s analysis, Solana delivered a 42% return in November, with the SOL token hitting an all-time high of $262.
This increase was largely driven by a surge in on-chain trading activity related to memecoins, which led the general market rally with a 95% increase during the month.
This drove Solana’s revenues and decentralized exchange (DEX) volumes to unprecedented levels. In fact, Solana generated $177 million in revenue in November, doubling the previous month’s high of $74 million.
This rush of activity also benefited projects such as Jito and Pump.fun, which generated revenues of $185 million and over $92 million, respectively.
Jito operates as an on-chain application that generates revenue through maximal extracted value (MEV), which is derived from arbitrage opportunities created during DEX trading.
Meanwhile, Pump.fun captures revenue directly from memecoin trading, showcasing the dual benefits of Solana’s vibrant ecosystem.
Solana’s success was further underscored by its wallet, Phantom, claiming the top spot in Apple’s “free utility apps” category, and Robinhood reinstating SOL trading on its platform.
In addition, the popular non-fungible token (NFT) marketplace Magic Eden announced an upcoming token airdrop, which is expected to stimulate further on-chain trading.
Cardano And Polkadot Lead Crypto Altcoin RalliesCardano’s ADA was another standout performer in November, achieving an impressive 201% increase.
This rally was spurred by off-chain developments and speculation surrounding the influence of Cardano’s founder, Charles Hoskinson, in shaping future crypto policy.
Following Hoskinson’s announcement of establishing a crypto policy office in Washington, D.C., ADA experienced a significant price surge.
The upward momentum continued with Robinhood’s relisting of ADA and an update to Cardano’s governance structure, which emphasized on-chain decision-making by ADA holders.
On-chain usage metrics reflected Cardano’s price movement, with total value locked (TVL) surging by 180% as various Cardano project tokens rallied.
However, despite these gains, Cardano’s absolute figures in stablecoins and daily DEX volumes remain modest compared to Ethereum (ETH), highlighting a potential area for growth.
Polkadot, often viewed as an underperformer in the crypto space, also saw a surprising rally in November.
While its ecosystem has struggled with slow onboarding and technical challenges, recent developments, particularly from the Mythos Chain—a gaming blockchain hosting popular titles like NFL Rivals—have invigorated interest.
Polkadot’s founder, Gavin Wood, also unveiled plans for a more agile architecture, allowing for enhanced interoperability and cloud-like services, which could position Polkadot favorably against other crypto assets like Ethereum and Celestia.
In the decentralized finance (DeFi) sector, major protocols such as Aave, Uniswap, and Sky (formerly MakerDAO) demonstrated strength, with significant fee increases and market activity.
Aave crossed a milestone of $30 billion in deposits, positioning it among the largest banks by deposits if it were a traditional institution.
Meanwhile, Uniswap’s  market position was bolstered by a favorable court ruling regarding the legality of immutable smart contracts, which spurred a substantial increase in its market capitalization.
#ALTSEASON #MemecoinSeason2024 #bitcoin100k #cryptomarket #CryptoNews

JASMY’s Cup and Handle Formation Signals a Game-Changing Breakout

JasmyCoin is gaining traction as market events and technical signals align for a major move.
The recent Upbit listing has placed JASMY in the spotlight, attracting attention from a wide range of traders. Upbit’s reputation for high liquidity and ease of use makes this a critical milestone for JasmyCoin.
Institutional interest has surged 173.99%, reaching $226.94 million. Open interest rose 4.38%, reflecting growing confidence in JASMY’s upward potential.
Upbit Listing Boosts JASMY
This listing has increased trading volumes and introduced JASMY to new markets. Upbit’s reach extends across South Korea, Singapore, and Indonesia, some of the most active crypto regions.
The added visibility strengthens JasmyCoin’s credibility, bringing in more investors and traders.
JasmyCoin focuses on empowering individuals to control their personal data. Businesses also benefit by using secure, blockchain-based data management solutions.
This approach positions JasmyCoin as a leader in privacy-oriented technology, addressing a growing demand for secure systems in the IoT space.
With more adoption and interest, JasmyCoin continues to establish a strong foothold in markets that value blockchain innovation.
The Upbit listing represents a significant step toward expanding recognition and driving future growth.
Key Technical Levels: What the Charts RevealJASMY is currently priced at $0.02079, consolidating near the support zone of $0.02162.
Reduced volatility, indicated by the Bollinger Bands, suggests accumulation near this level. A breakout above $0.02162 could signal strength, driving the price toward resistance at $0.02403.
The next resistance at $0.03000 marks a critical level that could lead to further gains. However, a drop below $0.02072 may confirm bearish pressure, possibly pushing the price to $0.01600.
The cup and handle formation highlights growing momentum, signaling a potential breakout. This technical pattern reflects increasing confidence among traders.
JasmyCoin is poised for a significant price surge, with both fundamentals and technicals supporting this move.
The alignment of technical signals and market interest suggests JASMY is nearing a transformative phase. Traders are closely watching for the breakout that could define JasmyCoin’s trajectory in the coming months.
#Jasmy #Jasmycoin #AltcoinSeason #MemecoinSeason2024 #CryptoNews

🚀🔥💥 BREAKING: Binance Shakes Crypto World with Historic Move! Book of Meme (BOME) Explodes 1717% in 3 Days, Earns Coveted Listing Spot! (TECH666)
The meme coin frenzy gripping the cryptocurrency landscape has reached unprecedented heights, with the Solana (SOL) network taking center stage. As Bitcoin surged past the $70,000 mark, the Solana network witnessed jaw-dropping spikes in WIF and BONK prices, setting the stage for a monumental shift. Enter #BOME, the latest sensation capturing the spotlight.
📈 Binance Makes Waves: #BOME Listing Confirmed!
In a groundbreaking move, Binance has announced the inclusion of Book of Meme (BOME) in its Futures transactions, cementing its status as a pivotal player in the meme coin revolution. But that's not all—Binance has upped the ante by revealing its direct listing of BOME, sending shockwaves through the crypto sphere. Trading for BOME kicks off at 12:30 am UTC time on Saturday, marking a pivotal moment in meme coin history.
🔥 Explosive Trading Pairs Unveiled!
Prepare for the ultimate trading frenzy as Binance unveils the new spot trading pairs for BOME: BOME/BTC, BOME/USDT, BOME/FDUSD, and BOME/TRY. With users already gearing up for action, deposits for BOME are now open, fueling anticipation for the monumental trading debut.
📢 Attention, Binancians: Here's What You Need to Know!
- Deposit BOME now to seize the trading opportunity of a lifetime.
- Withdrawals unlock on 2024-03-17 at 12:30 (UTC), so get ready to reap the rewards.
- BOME Listing Fee: 0 BNB—Binance is breaking barriers to bring you the hottest meme coin action.
- Smart Contract: Solana—powering the future of meme coin innovation.
#sol #BTC ceRevolutionize

BASE chain memecoins surge: Is a new ‘Solana killer’ here?

Ski Mask Dog registered a 500% growth over the last seven days.
BRETT, the most popular BASE memecoin, witnessed a price correction.
Solana [SOL] has been long known for its dominance in the memecoin sector, but now there is a new competitor.
Coinbase’s BASE blockchain has joined the memecoin frenzy, with robust network activity backing it. This allowed several small-cap memes to flourish and even outshine top memecoins by huge margins.
BASE chain memecoins take the cake!
BASE has been witnessing a substantial surge in its network activity. As per Artemis’ data, BASE’s daily transactions skyrocketed to reach 11.4 million on the 26th of November.
The blockchain’s active addresses followed a similar trend.
A major reason behind this could be the emergence of multiple memecoins on the blockchain.
CoinGecko’s data revealed that BASE chain-based memecoins reached a trading volume of $546 million in the last 24 hours alone. While some memecoins registered meteoric growth last week, others failed to do so.
Mentioning BASE blockchain’s memecoins, Ski Mask Dog [SKI] was one of the top performers as its value increased by more than 500% last week, pushing its market capitalization to $126 million.
Apart from Ski Mask Dog, Mister Miggles [MIGGLES] also performed well with its 30% daily price rise.
However, BRETT, the top BASE memecoin in terms of market cap, failed to capitalize this trend. As per CoinGecko, the coin’s price fell by 9% in the last 24 hour.
At press time, BRETT’s price touched the upper limit of the Bollinger Bands. This is often followed by price drops. Its Relative Strength Index (RSI) also dropped, signaling a rise in selling pressure.
Nonetheless, the technical indicator Chaikin Money Flow (CMF) had a different reading. The indicator moved upward — a sign of more money flowing into the memecoin.
This was optimistic and can trigger a trend reversal in the coming days.
How are top memecoins doing?
BRETT wasn’t the only memecoin that was struggling. Top memes like Shiba Inu [SHIB] and Dogecoin [DOGE] also shared a similar fate.
For instance, DOGE, the world’s largest memecoin, witnessed a nearly 4% price drop in the past 24 hours. SHIB, on the other hand, despite having registered double-digit weekly price growth, fell victim to a 3% price drop.
#Coinbase #BaseMemecoins #MemecoinSeason2024 #AltcoinSeason #CryptoNews