Then there are, let’s just say it, the Bad Memes, which come in at least two varieties. There are memes that purport to represent more nuanced ideas, but are simply wrong (“XRP the standard”). There are also meme coins with no underlying deeper message at all, pure mindshare plays that slap a catchy image or a slogan on a token created from an open source algorithm and call it a day. Dogecoin (DOGE), shiba inu (SHIB), Coinye West and SlapDAO all fall in this category.
