Zhen Yu Yong is the CEO of Web3Auth. Web3Auth has built wallets for Binance.US, Trustpilot and numerous Fortune 500 companies. Previously, Zhen worked at the Eth Foundation and Visa.
of all transaction volume in Q2 of 2024, making them the biggest narrative in crypto. However, despite their meteoric rise, the way we understand memecoin communities needs a serious rethink.'High Likelihood' Cardano Founder Charles Hoskinson Will Become Trump's Crypto Advisor
Memecoins, in reality, create a form of liquid community — one that exists as long as the meme and liquidity flow. Think of it as"tradeable social utility." The moment attention shifts, so does the community. This is not a static group of loyal holders, but a fluid network of traders who are drawn in by the social and financial momentum of the moment.in the sense that their real value lies in their ability to generate liquidity in an ecosystem.
To capture and sustain this attention, cross-chain liquidity is key. FLOKI, for example, started on Ethereum and then added Binance Smart Chain to reach new users. As memecoin projects expand beyond their original chains, they increase accessibility across ecosystems, making it easier for users to follow the next big trend regardless of blockchain.
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