Memecoins vs Elitecoins: A Cultural Revolution

Memecoins now deliver crypto's original promise of fair distribution, while token launches built on private rounds and airdrops recreate the old insider system. Dogecoin, which had no pre-mine, no presale and no utility beyond its internet joke, has risen about 8,000x since 2014 and outperformed Bitcoin. The $degen tipping token on Farcaster grew in price alongside the platform, and Cooper Turley's public wallet held close to $250k of it from participation alone.