Memecoins like Shiba Inu and Pepe have captured significant attention in the cryptocurrency space, proving to be both entertaining and highly profitable. Since the launch of Dogecoin in 2013, these coins have shown they are more than just a fleeting trend. However, their extreme volatility, characterized by stark growth followed by dramatic downturns, has led traders to search for more stable alternatives.
Despite their popularity, the primary criticism against memecoins is their lack of concrete utility, which makes them less appealing to serious traders and investors. This sentiment shift is pushing market participants to explore hybrid trading protocols that offer more stability and practical applications.
