What makes a memecoin different from other tokens?

[dinastafi]

Memecoins are often created as jokes or cultural references, but they can gain significant traction through viral marketing and strong community appeal. Unlike utility tokens, memecoins typically have little or no intrinsic use case initially. Their value derives from social hype, scarcity, and creative branding. Development-wise, memecoins require a basic smart contract with supply mechanics, transaction taxes (optional), and sometimes a staking model. Their success heavily depends on community building, influencer support, and meme culture. Popular examples like Dogecoin or Shiba Inu show how memecoins development can evolve into larger ecosystems over time.