Since April 2024, 5,342+ memecoins paid listing fees, allocated tokens to Tier 1 CEXs, paid for marketing to simulate retail demand, or gave insiders/VCs allocations.
Today, every one is worth less than solana:dog1viwbb2vWDpER5FrJ4YFG6gq6XuyFohUe9TXN65u (Bitcoin), now ranked #19 among memecoins.
Need anymore convincing?