Hey there, meme coin enthusiasts and blockchain curious minds! If you’ve been scrolling through X lately, you might have stumbled upon a thought-provoking post from bunjil that’s got the crypto community buzzing. Posted on July 24, 2025, at 19:22 UTC, bunjil dropped a bombshell: “2025 and people still think tokens are equity.” This single line has sparked a lively thread, and at meme-insider.com, we’re here to break it down for you—especially since meme tokens often blur the lines between utility, hype, and ownership.

What’s the Fuss About Tokens and Equity?

Let’s start with the basics. A crypto token is a digital asset built on an existing blockchain (like Ethereum or Binance Smart Chain) and can represent anything from a utility (like access to a service) to a governance right (voting on project decisions). Equity, on the other hand, is ownership in a company—think stocks you’d buy on the stock market. Bunjil’s point? Most people confuse the two, and that misunderstanding is still rife in 2025.

In the thread, SOLPrivacy chimed in with a solid take: “Owning a token ≠ owning a company. Tokens can have utility, governance, or vibes—but unless it’s explicitly structured as equity, you’re not a shareholder.” This echoes what we’ve seen in the wider crypto world, where tokens like meme coins (e.g., Dogecoin or Shiba Inu) are more about community and speculation than actual ownership stakes.

The Debate Heats Up

Not everyone agrees with bunjil’s stance. DeDeep asked, “Are they not?”—a fair question if you’ve ever invested in a token promising future profits or governance rights. Bunjil fired back, “can’t think of any examples that are,” suggesting that true equity tokens are rare. This back-and-forth highlights a key issue: the crypto space lacks clear education, as SOLPrivacy pointed out with the “huge education gap in crypto.”

So, are there exceptions? Some projects issue tokens tied to equity, but these are structured legally (often through security token offerings, or STOs) and regulated differently. Most meme tokens, though? They’re not equity—they’re more like digital collectibles with a fanbase.

Why This Matters for Meme Tokens

If you’re into meme tokens, this debate is super relevant. Take a token like Pepe or Bonk—sure, they’ve got wild communities and price pumps, but do they give you a slice of the project’s profits? Nope! They’re utility or governance tokens at best, and often just “vibes” as SOLPrivacy put it. Understanding this can save you from expecting stock-like returns from a meme coin hype cycle.

The Bigger Picture in 2025

As of 03:54 AM +07 on July 25, 2025, this discussion is timely. The crypto market is evolving, with more projects exploring decentralized finance (DeFi) and governance models. Resources like Investopedia’s guide on crypto tokens explain that tokens are built for utility or investment, not ownership unless specified. Meanwhile, Coinbase’s take on governance tokens shows how voting rights differ from equity stakes. The confusion bunjil highlights could shape how regulators and investors approach tokens moving forward.

Final Thoughts

Bunjil’s tweet is a wake-up call: let’s not slap an “equity” label on every token we hold. For meme token fans, this is a chance to dig deeper—check the whitepaper, understand the token’s purpose, and don’t chase phantom ownership. At meme-insider.com, we’re committed to helping you navigate this wild blockchain world. What do you think—should tokens ever be equity? Drop your thoughts in the comments or join the X convo!