Importance of Meme Tokens as a Cryptocurrency

MOM Token
3 min readMar 6, 2022

Other than the common crypto token like Ethereum and Bitcoin, the only crypto tokens to pick up popularity in the crypto world are meme tokens. We can see the demand for such tokens through the popularity of Dogecoin only. But what’s so special about these tokens that make them desirable to everyone.

Before that, let’s understand what a meme token is:

It’s a crypto token that is inspired by an internet joke or meme. For example, the most famous meme coin i.e. Dogecoin is based on the Shiba Inu meme. It started as a joke but too many people got into it through Reddit.

Due to this, the coin became famous and crossed high value. In the case of Dogecoin, Elon Musk played a huge role in popularizing it.

Now let’s try to understand — what makes them so popular among crypto enthusiasts?

Meme Tokens Have Secondary Goals

One of the famous meme coin “Shiba Inu” raise funds to rescue dogs. People like to be a part of such initiatives for good. If the value of coin increases, they earn and they already got to be a part of such an initiative. So, it’s a win-win situation for everyone.

Easy To Buy

Meme coins are much easier to buy because of their low prices. It becomes a gateway for people to get started with crypto without too much risk. They don’t have to think too much either because they buy and just wait for it to blow up eventually.

Based on Community

These meme coins are fun for people to be part of something. It’s an inside joke for people in the community and everyone enjoys it. They are not there just for the money, they are there to support their community.

Such a community model also incentivizes the people who popularize the coin. As more people buy it, the value of currency increases, and early community members profit.

How is MOM Special in Meme Token Category

Does Not Start as a Joke
MOM is a meme coin with purpose. It is not started as a joke but started with a purpose to help memers. It enables memers to create, buy and sell meme tokens on their NFT platform.

Based on Cross-Chain Technology
MOM is the first-ever meme token to use cross-chain technology. Not only does it empower memers but also the Hodlers. They can use the best of all the chains in one place and use the same token for multiple purposes.

Smart Contract Is Audited

Most of the meme tokens out there are scams. One of the ways to identify good meme coins is to look at whether they are audited. Mom token’s smart contract is audited by Techrate making it a reliable meme token.

Have a Good End Goal
MOM Token contributes a part of their profit to get people vaccinated across the globe. They aim to get 1 million people vaccinated through this project.

People will get to be a part of such a noble cause just by investing in MOM token.

All these reasons, make the MOM token one of the most unique meme tokens out there.

Meme tokens are getting more and more attention every day and maybe get even more in the future. MOM token is just one of them that is also trying to help memers out there.

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📢 Official information

📢 ▶️Website : https://momtoken.io/

▶️Twitter : https://twitter.com/momtokenglobal

▶️Facebook : https://facebook.com/momtokenglobal

▶️Instagram : https://www.instagram.com/momtokenglobal/

▶️Telegram: https://t.me/momtokenglobal

▶️Audit by Techrate: https://github.com/TechRate/Smart-Con...

▶️Audit by Solid Proof : https://github.com/TechRate/Smart-Contract-Audits/blob/main/Mother%20of%20Memes%20Full%20Smart%20Contract%20Security%20Audit.pdf/

🚨Smart Contract: 0x211fa9e7e390c29b0ab1a9248949a0ab716c4154

🚨 BSC Scan Link: https://bscscan.com/token/0x211fa9e7e...

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MOM Token

MOM is a caring and loving DeFi token, aimed at profits and rewards for the community. Starting with 100 quadrillion tokens.