Why Are Meme Coins Like Pepe and Shiba Inu So Popular Compared to Stablecoins?

[Munashak]

Meme coins often gain popularity due to social media hype, celebrity endorsements, and their humorous or relatable branding. Their rapid price movements attract investors looking for quick profits. In contrast, stablecoins are designed to maintain a fixed value, making them less appealing to traders seeking high returns. While meme coins are seen as high-risk, high-reward investments, stablecoins are preferred for stable transactions and hedging against market volatility.

 

[Hazel]

Meme coins like Pepe and Shiba Inu thrive on social media buzz and the allure of quick, high-risk returns, attracting speculative investors. In contrast, stablecoins offer consistency, appealing to those seeking stability over volatility.