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The most ridiculous memecoins of 2024: Gases, cats, and a poor sacrificed squirrel
Fuck, what a crazy year for memecoins! If you ask me, this has gone from fun to completely absurd. Memecoins have completely invaded crypto culture like a plague, tripling their capitalization to $60 billion. Seriously? Are we throwing that much money into... this?
Platforms like Pump.fun have made it possible for any idiot to create their own memecoin in seconds. And boy, did they. Let's take a look at the most ridiculous ones that have made me lose faith in humanity this year.
Fartcoin, or when farts are worth millions
A token about flatulence? Of course! Fartcoin (FART) appeared in October and literally does NOTHING. It's a joke about gas. And yet, crazy speculators pumped in over ONE BILLION dollars. ONE BILLION! For a fart token.
Its value has dropped to a "miserable" $860 million, but it remains the largest token on that quick creation platform. Even Stephen Colbert talked about this nonsense on his show.
I wonder how many schools or hospitals we could build with that money instead of investing it in... well, digital flatulence.
A woman yelling at a cat (because... why not?)
The old meme of the hysterical lady and the confused cat also became a token. The so-called Taylor Armstrong from those American reality shows ( the woman from the meme, not the cat, obviously ) launched it in June.
WYAC reached a value of $52 million in October, but now it is worth less than $4 million. What a surprise! A token based on an old meme losing value... who would have imagined?
The saddest thing is that Armstrong says he uses the token to raise awareness about domestic violence. But let's be honest, most bought it out of pure speculation, not for noble causes.
Peanut, a squirrel sacrificed by the government
This is the one that angers me the most. PNUT is a token dedicated to a little squirrel that was sacrificed by the New York government after it bit an officer. The poor thing had been an illegal pet of a porn creator ( seriously? ).
The government killed her to conduct rabies tests, and the crypto fanatics took advantage of the tragedy to create a token that reached a value of $2.27 billion. BILLIONS for a dead squirrel! Now it's worth "only" $650 million.
Is this financial innovation? No. It is pure senseless speculation. While real blockchain applications struggle for funding, people throw money at these empty projects.
The crypto market may be revolutionizing finance, but instead, we are betting on flatulence, old memes, and dead animals.
And the worst part is that 2025 will surely bring even more stupid tokens. Maybe we'll finally have the end of the world token that we all deserve.