The memeification of crypto culture

Memes are having a huge impact on the crypto market.

In particular, the NFT market, where all internet phenomena are monetized, is meme-infected to the highest degree.

For example, the meme Nyan Cat – the rainbow cat – was sold as an NFT for US$ 590,000.

The world-famous Shiba Inu “Kabosu”, who adorns the likeness of Dogecoin, has also come under the hammer as an NFT. Cost: four million US dollars.

Memes have even created their own class of cryptocurrencies: memecoins.

These include, for example, Dogecoin, Shiba Inu or Dogelon Mars or Baby Doge Coin. As a result of Hollywood star Will Smith's memorable Oscar appearance, the matching coin was launched shortly thereafter: the Will Smith Inu.

“To the Moon”, “when Lambo”, “hodln”: Even the crypto jargon is memefied.

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