many meme coins don't often have utility, such as being used to pay blockchain participants for doing work for the blockchain. For example,etheris used to pay validators for verifying transactions on the Ethereum blockchain.
Meme stocks, however, didn’t truly emerge until the year 2020 via the Reddit forum r/wallstreetbets. Unlike its predecessors and other investing message boards, WallStreetBets became known for its unconventional and often irreverent tone. In this and other forums that have popped up since, use...