Coinspeaker
‘New Class’ of Crypto Meme Coins Pose Challenge to DOGE, SHIB, Others

Meme coins have been of particular interest to crypto enthusiasts after several Solana-based meme coins delivered multifold returns over the past few months. As per Mechanism Capital co-founder Andrew Kang, a “new class” of meme coins has been emerging recently that capitalize on deeper “culture”. Kang added that this class of meme coins would be far more profitable than the standard players like Dogecoin (DOGE), Shiba Inu (SHIB), and others.

On Sunday, April 7, Kang shared his thoughts on a new class of “culture coins” in a detailed post on X. This particular category of meme coins would cater to brands, politics, religion, and lifestyle. Furthermore, they would have the capacity to be far more viral than the popular meme coins in the previous cycle. In his post, Kang wrote:

“Communities with strong values and identities naturally try to convert others to their beliefs and publicly display what it is they love about their lifestyle. They are inherently viral. The ideologies of these communities can be purely about politics, religion, consumer goods, sport, way ...