How to Create a MEMECOIN from Scratch and Make Millions
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
Source: Coinmarketcap
Updated: Jun 23 2024- What is a Meme coin?: Memecoins are cryptocurrencies that start as jokes or memes but gain significant market value through community engagement and social media promotion.
- Why are Meme Coins Popular?: Memecoins are popular due to internet culture, community involvement, low entry barriers, celebrity endorsements, and FOMO-driven speculation.
- Are Memecoins a Good Investment?: Memecoins can yield high returns but come with significant risks due to their volatile nature driven by hype rather than fundamentals.
- How to Create a Memecoin from Scratch: Creating a memecoin involves steps like conceptualization, technical development, tokenomics design, legal considerations, marketing strategy, community building, and launch activities.
- How to Spot Bad Memecoins: Identifying bad memecoins involves looking out for lack of legal frameworks, poor tokenomics, no post-launch activities, and rapid fundraising strategies.
About the author
Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.
