Meme Coins Going Legit Is the Worst Thing for Meme Coins

When Elon Musk semi-ironically endorsed dogecoin during the last bull run, most people saw it as a joke: a high-profile business guy playing with the funny money. Nobody is laughing anymore. These days, there are real institutions — from the Avalanche Foundation to Franklin Templeton — willing to say that meme coins are a legitimate use of blockchain tech.

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On Solana, there’s dogwifhat WIF, sillycat (SILLYCAT) and popcat (POPCAT). On Ethereum, <a href="http://coindesk.com/price/dogecoin/" data-position="autolink" title="Dogecoin Price