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Why Memecoin Communities Move Prices: Attention, FOMO and the Viral Loop Explained
A memecoin has no earnings, no revenue and often no product — so what moves its price? Attention does. Memecoins are cryptocurrencies whose value rests mainly on cultural relevance, community enthusiasm and speculative momentum, rather than underlying technology, revenue or utility. That is not a criticism; it is the mechanism. When a community grows, talks, memes and buys together,...
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