A meme coin is a subset of crypto currency stripped down to remove everything but belief or lulz. There is no "utility" (the coin is not used to run some crypt

A meme coin is a subset of crypto currency stripped down to remove everything but belief or lulz. There is no "utility" (the coin is not used to run some crypto system). It's not attached to something that earns profits. It's not even expected to retain value. It's essentially a global apples to apples game. Those who are best at recognizing ahead of time what everyone else will find funny, get more money. In theory.