Meme coins have the potential to find order and become less chaotic according to Ki Young Ju, founder and CEO of On-chain analytical platform CyproQuant.
Ju suggests that meme coins can boost their relevance by solving social problems and that donations could be the pathway for meme coins to strengthen their significance in the cryptocurrency market.
Vitalik Buterin, co-founder of Ethereum, also believes in the significance of meme coin donations and has made donations to charity organizations using meme coins.
At present, leading meme coins like Dogecoin and Shiba Inu have experienced a 10% loss in gains within 24 hours.