If cryptocurrencies already proved that the world of investing could be accessible to anyone with an internet connection, memecoins—the new viral phenomenon of the Web3 universe— not only reinforce that openness, but also push the boundaries by allowing everyday users to actively participate in the creation, promotion, and valuation of new digital assets.
Memecoins represent a complete democratization of the investment market: there’s no need to be a tech giant or have millions in capital to launch a token that can move thousands—or even millions—of euros.
A recent example that clearly illustrates this phenomenon is the rise of “Pope Francis” memecoins, some of which were created just hours after news of his death. These tokens saw spectacular price surges after the announcement. Most of these coins have no technical backing, but their virality on social media and their management through Web3 platforms—where users go from being mere consumers to becoming actors, managers, and owners—has been enough to attract thousands of investors in a very short time.
What Are Memecoins and Why Are They Tied to Web3?
Memecoins are digital currencies inspired by internet memes whose value is primarily driven by public figures, current events, and the strength of their communities. Their major potential lies in their ability to go viral and how easily anyone can tokenize them.
Unlike cryptocurrencies like Bitcoin or Ethereum, which are supported by technological innovation or solid economics, memecoins thrive on their ability to rally communities around an idea, personality, or meme.
Their popularity is a constantly evolving phenomenon. Memecoins are not just surviving—they’re thriving, especially in the Web3 environment, where decentralization and community culture foster their growth. They fit perfectly in this digital universe, representing the values of participation, autonomy, and collective creativity that define Web3 platforms.
How to Invest in Memecoins and Access Web3 Markets
Getting into memecoin markets in Web3 is relatively simple. All you need is a compatible crypto wallet (like MetaMask or Phantom), connect it to a decentralized exchange, and start trading.
However, platforms like MoonX make the process even easier, especially for those seeking a secure and efficient experience. This emerging Web3 memecoin solution, powered by BYDFi—a globally recognized platform recommended by Forbes—combines the efficiency of a centralized exchange with the freedom of decentralized finance (DeFi), removing technical barriers and facilitating access to new tokens.
How to Analyze a Memecoin Before Investing
Even though memecoins seem undeniably attractive and are establishing themselves as a new class of emerging cryptocurrencies, they are still investments, and therefore, involve risks. It's important to evaluate them carefully— not all memecoins turn out to be good crypto investment opportunities.
Before investing, ask yourself:
- How big and active is the community?
An engaged community is a strong indicator of the project’s potential. If there’s little activity, the hype may be short-lived or fake. - How much liquidity does the memecoin have?
Low trading volume can make it hard to buy or sell without affecting the price. Reasonable liquidity is key. - Is there a clear development roadmap?
While many memecoins start without one, those that have a basic roadmap usually show stronger long-term commitment. - Is the team transparent (if any)?
Knowing who’s behind the project—or having open communication channels—builds trust. Full anonymity raises red flags.
Also, watch out for red flags such as lack of liquidity, unrealistic profit promises, or extreme price volatility. In the memecoin world, as with any crypto asset, caution is your best ally.
It’s not about being paranoid—it’s about being precise. Applying some basic risk management rules and always keeping the classic DYOR (Do Your Own Research) in mind can be the difference between saying “that was a smart move” and “I should’ve stayed out.” Working with a safe and efficient Web3 platform isn’t optional—it’s vital.
