# Memecoins: Obsession or Goldmine? - Chris Perdek - Channel: [ETH Warsaw](https://streameth.org/eth-warsaw) - Date: 2025-10-07 - Duration: 19:38 - Watch: https://streameth.org/watch/yt-631rFBp2tVs - YouTube: https://www.youtube.com/watch?v=631rFBp2tVs ## Description Memecoins are born from viral jokes, memes, and a touch of madness, capturing the wild spirit of online communities. Memecoins aren’t here to revolutionize finance—they’re here to have fun, troll the traditional system, and maybe make you a quick buck if you’re lucky. Take Dogecoin, for example. What started as a joke has become a crypto powerhouse, thanks to strong community backing and influencer endorsements. Memecoins thrive on social media buzz, FOMO, and meme culture, making them highly volatile and speculative. During my speech, we'll dive into the world of meme coins, exploring their origins, dynamics, and how to navigate their unpredictable market with insight and strategy. PS: moggers mog 🧜🏻‍♀️ ETHWarsaw is a series of educational and entertaining events for an active community of blockchain builders, developers and enthusiasts with focus on Ethereum-related tech. Once a year, we organize a large conference and hackathon for the community in the center of the Polish capital with speakers from the best web3 projects and participants from all over the world. Follow ETHWarsaw on social media for the latest updates! X (Twitter): https://twitter.com/ETHWarsaw LinkedIn: https://www.linkedin.com/company/ethwarsaw Telegram chat: https://t.me/joinethwarsaw See you all at our events in Warsaw 🙌🏻 ## Transcript gmgm uh okay I don't know why so many people came here I I had hoped that there will be only five people the five people I know but okay let's [ __ ] go so I don't know if youve seen name of my presentation is very funny because there is my favorite meme coin mock mogger mock I don't know if you have mock but but you should and one why mem coins so in my opinion meme coins are nfts on the steroids because like two three years ago we had only we had nft meta and there was only like 10k of bayc 10k of punks so there was only 10K people on the world who was able to build content push this community and push the prices but right now in the mcoin era the there is Unlimited Supply of holders if if you like mock if you like retardo if you like we you can just buy this for 10 bucks and you can push this and yeah if there is more hodlers the lore is bigger there is more content and we can all go to gazillion dollars and there is no high entry price and everyone can just push one meme like Mock and no individual profile pictures and as in nft the same is in the mem coins uh just communities everything and yes if it comes to utility of meme coins the only utility is Vibes there is no V's no vesting and when my friend asked me at 9 million market cap why he should B mock I just tell him told him that moer mock that's why you should buy mock there is nothing more if I I like the website I am I am a pink in oh is the same slide here and if comes to mem coins the everyone here have the attention span from Tik Tok if you wake up at 9:00 a.m. you are buying some mem coin at 11:00 a.m. you are already in another 10 mem coins there is low liquidity so it's very big PVP in this space and all mem coins are very high risk and there is no boring days like you know one day in crypto space is two weeks in the normal world so one day in mem coins is one month in in coin [Music] space yeah and if comes to Trends I don't know what funny Trend I should say you but the best Trend I was involved in let's say it was the racist meta so someday there was few racist meme coins who went up like thousand thousand XS then I seen one meme coin which name of this I really liked I post this on Twitter with 4K Market capup next day Market capup was 2 millions and for two weeks we had very bad meta but people make a lot of money on it and yeah Solana went into very very bad spot that's why I am more ethereum guy but yeah we had a lot of metas like this and the most how I can say that the most interesting one was that one yeah and also if something interesting in real world this happened like when I was in New York there was earthquake and before earthquake came to my hotel I already seen in top 10 on Dex tools there was top 10 earthquake related coins and then earthquake came to my hotel so so Market is very quick and two two days later people was interesting in different stuff and also one thing about bod and Trump meta when there was a discussion panel with benen Biden and Trump was talking then you know Biden was not saying a lot of smart things then then price of bden was dumping price of trump was pumping and that's what happened toomics if comes to mem coins I think distribution is the most important thing if comes to mock or we if someone was very deep in the nft community he had like six months seven months to a to mock on Wave because all influencers every everyone on Twitter time was Shilling mock or Shilling with but no one say that that hey buy with buy mock just pure Vibe speed Viper St on H stays on and there was a lot of time to buy in if if there is some mem coin and in the first two three days everyone was are chilling this like hey buy this buy this buy this then that those days are probably the last days of the tokens but if the distribution is very long and a lot of high quality people have a lot of time to ape in and then the token is collecting here like 500 locked in people who will be reply guys about this token then there is a lot of possibilities that token will be will go to gazillions and yeah in meme coins usually 100 % of tokens are in LP even team tokens are there so everyone can became part of the team if you control a lot of Supply even mock team retardo team with team had to buy tokens from from the market and if mcoins fails the holders fa fa failed the same was in the nft space and the locked in guys rep guys are really important in the mcoin space because when I posting something mock related then I have instant like 50 comments uh who called who are texting moers mo moers mo mo mo and it was the same in nft space that's why a lot of people bought bayc U or Punk because they wanted to be part of the cult so right now this is the same in mcoin space but everyone can join there even if they have only 10 bucks and of of course the biggest winners of the mimon Cycles are some big companies who are making money on it so if comes to pump fun they like two weeks ago crossed the 1 million $100 million in cumulative Revenue 1.6 million coins launch there right now they have $2 million daily Le daily revenue and the space of the mem coins is very big gambling space right now that even poly Market is doing a lot of millions every day because if D have two options buy some random cut cut cut M on on radium or they can just make a bet if Trump will say something funny during the speech they are choosing that way also Solana and Tron are making tone and ton Revenue uh because of this uh mcoin Meta Even if you want to at LP on radium you have to pay around 1.5 soul and few th000 coins are listing every day so so so the mem coins are like casino because radium and p. fun poly Market Photon always makes money but we are not always making money on it the same is with phot Photon bux Dex screener Dex tools there is like thousands of coins listed every day and each coin usually have to pay few hundred bucks for update the Social Media stuff and so on and I know my speech supposed to be 30 minutes but I decide to make open discussion here no I just started to doing my deck at morning and and this is the end so thank you very much and please ask me a lot of questions because we have to spend probably 25 minutes more here thank you very much [Applause] much Simon what question do you have okay okay okay okay okay so uh you said about uh erl M events Community uh do you know something like that in was of maybe in this blockchain we uh even this cup is from uh mock event in Dubai what we was doing with them yesterday you had rard your ra and also mcoin Meetup what we did with retardo so Community who like Melee coins related to melee are doing a lot of a lot of Year events but they are not like AP fests or so on just there there is a bar 100 meme coins guys and that's all even when I was on FCC in in Brussels one month ago I went to [ __ ] your Mock and Obama Sonic M meme meme Meetup and zusu was there yeah so so there are events but they are not super hyped and big like AP Fest because there is no one big Corporation behind this there is just people who mocks and that's all uh in your opinion D Coin is our so meme coin you mean the forter yeah so this is kind of utility token but the ticket is that D so I think this is this is a mcoin for sure uh because there is no strict utility like you know there is no stable utility like if you have 10 D then you then you can buy this or so on you can just tip in this so yeah so each mem coin can have utility like this and us if you're adding utility to mcoin then it's very very bad and mcoin will go to zero because it's it's impossible to to make a price of hype and so on but it's really easy to to make a price of some subscriptions stuff and so on so yeah D I think is mcoin but I don't have [Music] it yes so maybe I I can tell the best question will win pit vipers from me that I have in my backpack maybe now you will be more motivated okay so uh for your opinion uh it's a question uh the main factor of the success of mcoin it's a partnership with a good Market maker Market maker yeah and uh when I research the mcoin market uh okay when you research the mcoin Market uh [ __ ] you're work you're watching for the partnership with for example godbe or DWF yeah so it comes to price of course market makers are very very important but I am just locked in in few meme coins uh that I where I really like the community and so on and I don't care that much about the price because let's say let's say bom or Pepe or or Bon I the the market cap of them are very high but I don't see the really really Community behind this and so on so if comes to nft space the best nft community the hodlers don't care about the price I don't care if my punk will be worth 5 million bucks or 100K I just like my H and I like the community the same is about the best meme coins like we [ __ ] your Mo uh and yeah so I don't really care that much about the market cap of mock I believe in it uh and yeah if Market maker it's much easier much better with to do stuff with Market maker to pump this to 1 billion two billion market cap like Bon but it's impossible to hold the price for long term like in pep or Dodge without this real community so so I like more the community Vibes instead of just Market maker stuff pure pump and dump what do you think about uh meme coins or or tokens generated associated with heroglyph project like mandak ugab boa or something like that I don't know nothing about them but I like the ther ther ugab [Laughter] Booga um this is a general question for all Minkin so you mean like uh from M they need to be like Vibes somehow but how can you yeah Vibes like the meme or vibes so it's possible to quantify this with Twitter machine learning bots of sen analysis you feel or it's difficult to quantify somehow I think it's possible but I am not AI guy or algorithm guy so I don't know how easy it can be to tricky those Bots because if I am posting something mock related and I have thousands reply of real persons of hodlers that I know in real world I know this is real but if some other mem coin will have 1,000 reply from bot I don't know if this bot will be able to to say if this Twitter accounts are real or fake so I think it's possible but but it's really hard it's really hard to catch some mcoin of course at few million dollars which will go to1 billion so so I think it's possible but 99.9% of m coins live for few days so in this Cas is I think impossible there are now some coins that are allegedly AI generated and do you think it's possible to have a the ultimate mem coin as a AI generated coin you your main question was if mcoin can have if serious project can have mcoin with utility some coins that allegedly you know they say are EI generated and what's your take AI yeah so there was one token like this called turbo I don't know yeah so so you want to know my opinion about turbo I think turbo had some kind of success because he was the first one and the funer was dogs and he was crying on the space on video and so on and it was big part of the success we have tons and tons thousands of thousand coins every day so if someone will realize that this coin was created by even lower effort because was created by I that can be a problem I think the turbo had a success because thunder was dogs and it was one of the first things and he spent 69 bucks on creating this project and that's what cool there come on come on two more questions [Music] um do you feel like uh having low fees it's zi success for a blockchain to have good meme coins for trading or because actually for Solana that has been like a good winner for this cycle at least for the low Fe possible or you feel it's not like a key parameter for success in the blockchain so in my opinion it's not very if comes to mass adoption and market and coins on market cap 5K of course this is very important but we had nft cycle 3 years ago where you have to pay 500 bucks to buy something which is worth 300 bucks and it was not big problem so right now all liquidity is on Solana and let's say throne for past two weeks so for Mass adoption and for meme coins with low market cap where people people can just spend $10 on it this is important but if there will be big hype or on very expensive blockchain like even ordinals then people will money there and and that's all if the are on blockchain which is expensive those nfts those coins will go up and yeah this is my response last question who want to who wants to win Pit Vipers so the last question uh do you invest on Meme coins on bitcoin blockchain so do do you see any projects uh which can be hyped uh there I don't think so mock started to being on ethereum then they brid to uh Bitcoin they right now they are also on base but everyone trade this on if so there was some hype on on bitcoin fible tokens like for one month but right now nothing is happening there and I think nothing good will be there only Bitcoin puppets are good on the Bitcoin blockchain thanks okay [Applause]