You’re Familiar With Meme Coins…But Have You Heard of ‘Culture Coins’?

TL;DR

• ‘Tradition cash’ are a brand new sub-genre of meme cash, which have outperformed Ethereum Layer 2’s by 33x, and Actual World Asset tasks by 4.6x!

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Seems memecoins have gotten so common that they now have their very own sub-genres…

(A few of that are VC endorsed — which is one thing we by no means thought we’d say with a straight face).

Right here’s the gist of what’s taking place: 

Have you ever ever mentioned a slang phrase mockingly, like YOLO. 

…then, just a few weeks later, you’re nonetheless utilizing it however all of the irony has run naked and it’s simply one thing you say now?

Memecoins are following an analogous trajectory.

They began out as jokes centered round humorous animals (principally canine) on Twitter/X, however now the broader crypto house is seeing a weirdly constant quantity of positive factors from memecoins.

And with that has come a rebrand (of types), for a specific sub part of memecoins which VC analysts are actually calling ‘tradition cash.’

These are cash that kind explicit sorts of communities round them — normally centered on politics, faith, client items, sports activities, and so on…

And (apparently) these ‘tradition cash’ have outperformed Ethereum Layer 2’s by 33x, and Actual World Asset tasks by 4.6x!

File this one beneath ‘proof that we’re undoubtedly residing in a simulation.’