CoinVoice has recently learned that, according to Cointelegraph, MoonPay President Keith Grossman believes that meme coins have not disappeared. Their core innovation lies in the low-cost tokenization of attention, breaking the platform monopoly of the attention economy. He pointed out that before the advent of cryptography, only platforms, brands, and a few internet celebrities could monetize attention, while the value created by ordinary users, such as likes and trends, was intercepted by centralized platforms.
CoinGecko data shows that meme coins were the best-performing category of crypto assets in 2024, but were severely impacted in Q1 2025 due to multiple crash incidents. The meme coin issued before Trump's inauguration plummeted over 90% from $75 to $5.42; the Libra token backed by Argentine President Milei crashed, with 86% of holders losing more than $1000 in a single transaction, triggering investigations and calls for impeachment.
Grossman compares the current pessimistic forecast to the misjudgment after the bursting of the social media bubble in the early 2000s, believing that meme coins will be revived in a new form.[Original link]
