Original Title: QUANT, TRUMP and DOGE: Memecoins as Humanity in Action

Source: Binance

Compiled by: Deep Tide TechFlow

Key Points

· Like the recently launched presidential token $TRUMP, Memecoins are cryptocurrencies that originate from internet culture, heavily relying on community participation and often gaining attention through humor and rapid dissemination.

· This article will delve into the recent QUANT Memecoin event and analyze the human and cultural logic behind the Memecoin phenomenon, alongside other well-known cases.

· The peculiar nature and high volatility of Memecoins actually reflect the fascinating irrational side of human behavior.

If anything seems like it was pulled straight from satirical news, it's President Trump launching his own Memecoin------$TRUMP. This token went live just three days after his inauguration, promising "huge" returns and a "bright" future------after all, in his dictionary, everything he touches is "the best." With a series of patriotic-themed memes, NFTs of his iconic expressions, and the slogan of "the most stable token in history," $TRUMP has already stirred up a frenzy in the cryptocurrency community. Currently, the token's price has skyrocketed over 10,000%, with a fully diluted valuation reaching $71 billion, a staggering achievement that even Binance co-founder CZ finds perplexing. Just two days later, Trump's wife Melania also launched her own $MELANIA Memecoin.

Whether these tokens will become the next financial phenomenon or merely a joke remains to be seen. But one thing is certain: when the First Lady of a superpower is involved, Memecoins are clearly no longer a niche curiosity but a fully exploded cultural phenomenon.

Memecoin of the 45th President of the United States Source: X

Today is the perfect time to gain a deeper understanding of Memecoins. This article will use QUANT Memecoin as an example to explore the successful logic and cultural significance behind it.

QUANT: How a 13-Year-Old Boy Sparked a Mini Financial Revolution Online

The story begins, like most Memecoins, with a joke.

On an ordinary night in November 2024, a 13-year-old Gen Z streamer sat at his desk, live-streaming to a small but loyal audience. His "weapons" included a sarcastic sense of humor, keen insights into crypto trends, and a strong interest in memes. His "grand plan"? To launch a Memecoin named QUANT on the Solana-based platform Pump.fun. On this platform, creating a cryptocurrency is almost as simple as registering an Instagram account.

In just a few minutes, QUANT was officially launched. The young creator showcased all his talents as a savvy crypto prankster. When a group of token holders was drawn in by the hype of "the next Memecoin hot project" and rushed to buy QUANT, he swiftly executed a classic move in the cryptocurrency realm------the "Rug Pull." He sold 51 million tokens for $30,000 worth of SOL. Then, he flashed a smug smile at his audience, casually closing his laptop like a villain in a low-budget heist movie.

Source: Chaincatcher.com

Source: Chaincatcher.com

This little guy even provocatively flipped the bird before the Rug Pull.

In the world of Memecoins, Rug Pulls are not new. However, what happened next turned QUANT from a fleeting joke into an unprecedented mini financial and cultural revolution.

This Rug Pull was not quietly accepted as the boy might have anticipated; instead, it sparked outrage within the community. Angry traders decided to "take revenge" in typical Memecoin style: they banded together to push the token's value to new heights.

The QUANT community, through collective action, raised the token's market cap to $22.6 million in just 15 hours. The tokens that the boy sold for $30,000 instantly surged to nearly $4 million in value. Ironically, the boy who orchestrated the Rug Pull could only watch as his token became the hottest Memecoin of the moment, unable to profit from it.

Meanwhile, the cryptocurrency social circles------Twitter, Reddit, and Telegram------were instantly flooded with jokes, memes, and conspiracy theories. On that day, #QUANT became a trending hashtag, perfectly showcasing all the characteristics of the Memecoin market: absurdity, community-driven, and extreme unpredictability.

As QUANT's popularity soared, cryptocurrency enthusiasts quickly took action, doing what the internet does best: they exposed the boy's true identity. His personal information, even details about his family, were leaked online. What started as a light-hearted financial prank ultimately evolved into a cautionary tale about the dark side of Memecoin fame.

However, even in the face of such a strong backlash, the 13-year-old boy showed no fear. Not only did he not stop, but he doubled down, launching follow-up tokens like $Lucy, named after his dog, and a token called $Sorry, continuing to profit from the speculative frenzy of Memecoins. By the end of 2024, this boy had become a classic anti-hero in the world of Memecoins: both clever and reckless, admired and despised.

During that brief moment in November 2024, QUANT seemed unstoppable. But like all Memecoins, its value fluctuations and the enthusiasm of the community behind it were equally unpredictable. After a brief period of glory, QUANT's price began to plummet. From its historical peak of $0.0633, it fell to just $0.00075, a staggering 98.8% loss in value.

Ultimately, the rise and fall of Memecoins entirely depend on community attention. Once the anger and discussions surrounding the Rug Pull began to fade, market interest cooled as well. Those traders who cashed out in time during the QUANT frenzy made a fortune, while latecomers had to bear the consequences of the crash. Today, QUANT has become a piece of digital history------showcasing both the potential and the risks of Memecoins.

Navigating the Psychedelic Jungle of Memecoins

In this chaotic and meme-filled internet world, Memecoins have become one of the most fascinating social phenomena. Unlike traditional currencies that symbolize economy, stability, and rules, Memecoins thrive on humor, viral dissemination, and community-driven chaos.

Memecoins are a unique form of cryptocurrency, and rather than being a product of technological innovation, they are more accurately described as a crystallization of internet culture. Unlike Bitcoin, hailed as "digital gold," or Ethereum, which supports decentralized applications, Memecoins are essentially digital jokes that transform into financial memes due to the power of community. Their value does not stem from practical use or scarcity but from a shared sense of humor and trust in the joke among the community.

The story of QUANT is just a microcosm of this phenomenon. In this phenomenon, tokens are initially created for humor, but through the magical power of community, they often transform into popular tools for speculative trading.

At the core of every Memecoin is its community. From obscurity to "moon" prices (more commonly, crashing into the "garbage heap"), the fate of Memecoins entirely depends on the collective enthusiasm of their believers. Platforms like Pump.fun further lower the barriers to entry. With their user-friendly interfaces, anyone can create a token, customize its branding, and share it within their social circles.

Meanwhile, the biggest buzz occurs on X and Discord. On these platforms, Memecoin enthusiasts gather to exchange funny memes, plan the next "moon" mission, and unabashedly promote their new favorites. It is these platforms and their chaotic communities that have turned Memecoins into an absurd yet undeniable force: they are both a joke and an economic experiment, as well as a true reflection of internet culture.

The launch of the $TRUMP Memecoin can be seen as a textbook example of cultural brand building, perfectly showcasing how Donald Trump has crafted himself into a symbol and phenomenon. He leveraged his global influence as a politician, celebrity, and entrepreneur, demonstrating a unique ability to maintain relevance in the age of internet viral dissemination. This Memecoin may further solidify his status as a cultural disruptor, adding a bold stroke to his legend in an era where influence is traded as currency.

Another shining star of 2024 is FARTCOIN, which initially was just a humorous jab at crypto culture but unexpectedly became a real market player. With a laughable name, FARTCOIN attracted a loyal fanbase, transforming the token into a cultural symbol. Its success once again proves the allure of Memecoins: they do not need logic, just the ability to make people laugh.

Another dazzling newcomer in 2024 is MOODENG, which owes its rise to a significant donation from Ethereum co-founder Vitalik Buterin to wildlife conservation efforts. This token is named after a dwarf hippopotamus that went viral in Thailand, cleverly riding the wave of internet trends and KOL charity. This powerful collaboration deeply resonated with the crypto community.

When discussing Memecoins, one cannot overlook their "ancestor": Dogecoin. Initially just a humorous tribute to the Shiba Inu meme, it has now evolved into a cryptocurrency empire. The journey of Dogecoin from an internet joke to a mainstream currency stands as the best digital testament to the power of community belief.

Dogecoin's most famous supporter, Elon Musk, infused it with his signature unique style. From claiming that Dogecoin would be used as currency on Mars to proposing the establishment of an agency called the "Department of Government Efficiency (DOGE)" to manage the federal budget, Musk's support transformed Dogecoin from a simple internet joke into a cultural symbol of the contemporary digital age, representing a technological dream.

The Golden Rules of Memecoins

For the average user, participating in Memecoins feels more like a high-risk experiment in collective psychology. The first principle users need to remember is that these tokens completely overturn traditional investment logic. Their success does not rely on practicality or fundamental value but on the heat of viral dissemination. The fate of a Memecoin hinges entirely on its ability to capture the imagination of the internet, riding the waves of jokes, trends, and those moments that define internet culture.

The second principle is that the value of Memecoins depends on the community supporting them. A group of passionate and loyal supporters can elevate any Memecoin, whether it is a sincere project or a half-joking idea. Take QUANT as an example; its rapid rise was not due to technological innovation but rather the collective anger of the community. After the founder's Rug Pull, the community's determination drove the token's price, highlighting the core role of community in Memecoin valuation. However, as the story of QUANT reveals, this enthusiasm is often fleeting. Once the excitement fades, the value of the token tends to decline.

Finally, this highly volatile ecosystem perfectly illustrates the high-risk, high-reward nature of Memecoins. Memecoins are known for their dramatic price fluctuations; they can double small investments overnight or lead investors to suffer significant losses in an instant. For example, PENGU, the native token of the Pudgy Penguins NFT series, saw its price soar by 581% within 24 hours of its initial exchange listing, primarily due to enthusiastic community support and a well-planned airdrop event. However, by mid-January 2025, PENGU's trading price was around $0.0316, down 54.8% from its historical high of $0.06845 set on December 17, 2024.

The chaotic nature of the Memecoin market inevitably raises some serious ethical questions. What does it mean for the crypto market when a 13-year-old boy can issue tokens and profit from them? The story of QUANT reveals the urgent need for clearer boundaries in this field, whether from a regulatory perspective or an ethical standpoint regarding who is qualified to create and promote digital assets.

In the Memecoin market, every trader acts like an observer, immersed in a world dominated by unpredictable forces of viral dissemination, humor, and collective action. Here, finance and internet culture intertwine, and the value of assets does not depend on their actual functionality but entirely on how strongly the public believes in them.

Through the lens of Memecoins, we glimpse the power of collective belief, the far-reaching impact of viral culture, and the democratization of financial participation. The essence of these tokens is a reflection of human behavior------full of unknowns, collaborative spirit, and endless creativity.

Binance Supports Meme Investment

If you are interested in the Memecoin craze but wish to participate in a safer environment, Binance offers a more reliable option. Binance's listing process undergoes strict scrutiny, effectively filtering out obvious prank projects and short-term cash-out Rug Pull scams.

However, it is essential to remember: even on the Binance platform, participating in Memecoin investment is not a shortcut to wealth. The excitement of this market comes with inherent risks, and do not invest more than you can afford to lose. Whether you want to ride the wave of a cultural phenomenon or simply experience the heat of Memecoins, Binance provides a safer and more secure way to explore this uncertain field.

Disclaimer: The prices of digital assets are subject to high market risk and volatility. The value of your investments may fluctuate, and you may not recover your original investment amount. All investment decisions are your own responsibility, and Binance is not liable for any losses you may incur. Past performance is not a reliable indicator of future results. Please only invest in products you are familiar with and understand the risks involved. Before making any investment decisions, carefully assess your investment experience, financial situation, investment goals, and risk tolerance, and consult an independent financial advisor. This material is for reference only and does not constitute any financial advice. For more information, please refer to our terms of use and risk warnings.