The Psychology of Meme Coins, From Actual Investors

The Psychology of Meme Coins, From Actual Investors
Everyone wants to believe in something. Enter memes, the supposed future of money according to enthusiastic crypto investors and, of course, Twitter.The term “meme” comes from Richard Dawkins’ 1976 book “The Selfish Gene.” A genetic meme, as described by Dawkins, is a gene that copies itself and proliferates throughout the species by way of Darwinian natural selection. A cultural meme is, similarly, a behavior or idea that spreads throughout a culture even faster. If I share a joke with you and you share it with your friends, we create a ripple effect until the joke is known on a collective…