In the fast-paced world of crypto, conversations on X (formerly Twitter) often spark big ideas about the future. A recent thread kicked off by Ansem (@blknoiz06) highlights the massive impact memecoins have had on the ecosystem, and a reply from rektdiomedes (@rektdiomedes) takes it further, arguing that crypto's superior tech for capital formation will eventually make traditional finance (TradFi) obsolete. Let's break this down and see what it means for meme token enthusiasts and blockchain builders.
Ansem starts by noting how memecoins have been a game-changer, even in tougher market times. He points out that back in 2023, BONK (Bonk on Solana) hype led to the Solana mobile phone selling out completely. That's real-world impact— a fun, dog-themed token boosting hardware sales. Then there's Dogwifhat (WIF), which, along with other memes, skyrocketed onchain metrics on Solana, proving that these tokens aren't just jokes; they're powerful proof-of-concept for decentralized apps. Metrics like transaction volume, user activity, and network fees all got a massive lift, showing how memecoins can drive adoption.
Building on that, Ansem expresses confidence that teams launching tokens will get better over time. This means higher-quality projects, better investment ops in altcoins, and a step closer to true "internet capital markets." If you're into memes, this is exciting because many start as simple launches but evolve into something bigger. Think about how some memecoins have turned into communities funding real initiatives or even integrating with DeFi protocols.
Rektdiomedes jumps in with a bold take: crypto is inherently better for raising capital. New ventures will increasingly start onchain, and in 30-40 years at most, TradFi rails—like banks and stock exchanges—could be fully deprecated. Why? Blockchain allows instant, global, permissionless funding. No need for VCs gatekeeping or lengthy IPO processes. Anyone can launch a token, rally a community, and bootstrap a project. For meme tokens, this is already happening. Projects on Solana's Pump.fun let creators spin up coins in minutes, attracting liquidity from around the world.
This shift isn't just hype. Memecoins have shown they can capture attention and volume like nothing else in crypto. They've onboarded millions to wallets and dApps, teaching people about blockchain through fun narratives. As teams improve, we could see memecoins funding serious tech, like AI integrations or gaming ecosystems. Solana's high-speed, low-cost chain has been a hotspot for this, with tokens like WIF hitting all-time highs and boosting the entire network.
Of course, it's not all smooth. The "trenches" Ansem mentions refer to the volatile, sometimes rug-pull-filled side of memes. But the overall trend points up. Better tools, like improved launchpads and community vetting, will weed out scams and highlight gems. For investors, this means scouting early-stage alts could yield huge returns, especially as onchain capital formation matures.
Looking ahead, if rektdiomedes is right, we're on the cusp of a revolution. Memecoins might be the trojan horse, making crypto accessible while paving the way for sophisticated onchain businesses. Whether you're trading BONK or building the next big thing, keeping an eye on these discussions is key. Dive into the full thread here to join the conversation.
Stay tuned to Meme Insider for more on how meme tokens are shaping blockchain's future. If you're a practitioner, this is your cue to level up—explore Solana docs or experiment with token launches to ride the wave.