Business

A Comprehensive Guide to the Memetic Cryptocurrency

Published

1 year ago

August 3, 2024

Introduction to Memetic Cryptocurrencies

Memetic cryptocurrencies, or meme coins, are a unique class of digital assets characterized by their origins in internet culture and social media trends. Unlike traditional cryptocurrencies designed with a primary focus on technology or finance, meme coins derive their value largely from community engagement, humor, and viral marketing. They often feature playful branding and whimsical concepts that resonate with a broad audience, making them accessible and appealing to both crypto enthusiasts and casual internet users. For those interested in a deeper understanding of these dynamics, seeking guidance from investment education firms like https://bitcoin-bot.app can provide valuable insights and strategies.

The Origins and Evolution of Dogecoin

Dogecoin, the most prominent example of a memetic cryptocurrency, was created in December 2013 by software engineers Billy Markus and Jackson Palmer. Initially conceived as a joke to satirize the sudden explosion of altcoins, Dogecoin features the Shiba Inu dog from the popular “Doge” meme as its logo. Despite its humorous beginnings, Dogecoin quickly gained a devoted following, thanks to its active and passionate community.

Dogecoin’s rise was fueled by its community’s involvement in various charitable causes and social media campaigns. Notable events include raising funds to sponsor the Jamaican Bobsled Team’s participation in the 2014 Winter Olympics and numerous other philanthropic initiatives. Over the years, Dogecoin has achieved significant milestones, including a peak market capitalization of over $85 billion in May 2021, driven by high-profile endorsements and widespread media coverage.

Memetic Cryptocurrency Mechanics

The economic model of meme coins, or tokenomics, often includes unique features designed to create value and sustain interest. For instance, Dogecoin’s block time is one minute, allowing for faster transaction confirmations compared to Bitcoin. Additionally, Dogecoin has an inflationary supply model, with 10,000 new coins being mined every minute and no maximum supply limit. This inflationary model contrasts with Bitcoin’s deflationary supply, which caps the total number of coins at 21 million.

Creating a meme coin typically involves deploying a smart contract on a blockchain platform like Ethereum or Binance Smart Chain. The process includes defining the coin’s total supply, distribution mechanisms, and governance rules. Developers often integrate community-centric features such as tipping and fundraising tools to encourage user engagement and adoption.

The Role of Social Media and Influencers

Meme coins owe much of their success to viral marketing strategies and the influential role of social media. Platforms like Twitter, Reddit, and TikTok are essential for promoting meme coins and engaging with the community. High-profile endorsements from celebrities and influencers, such as Elon Musk’s tweets about Dogecoin, can significantly impact a meme coin’s value and visibility.

Community engagement is also crucial for the sustainability of meme coins. Developers and community managers frequently organize events, giveaways, and interactive activities to maintain interest and support. Memes, humorous content, and cultural references are regularly used to keep the community entertained and invested.

Risks and Rewards of Investing in Memetic Cryptocurrencies

Investing in meme coins involves a high degree of risk due to their inherent volatility and speculative nature. Prices can fluctuate wildly based on social media trends, celebrity endorsements, and market sentiment. This volatility can result in significant gains but also substantial losses for investors.

However, the potential rewards can be substantial for those who navigate the market effectively. Early investors in successful meme coins like Dogecoin and Shiba Inu have seen remarkable returns on their investments. Understanding the market dynamics and staying informed about community activities and trends are essential strategies for maximizing the potential rewards.

Practical Applications and Future Prospects

Beyond trading, meme coins have found various practical applications. Dogecoin, for example, has been used for tipping content creators on platforms like Reddit and Twitter, enabling microtransactions that support online communities. Additionally, meme coins have been employed in crowdfunding for charitable causes, demonstrating their potential for positive social impact.

The future of meme coins looks promising, with ongoing technological developments and integration with decentralized finance (DeFi) platforms. Innovations such as non-fungible tokens (NFTs) and smart contract functionality can further expand the use cases and appeal of meme coins. As the crypto landscape evolves, meme coins may continue to redefine the way we perceive and use digital currencies.

Creating Your Own Meme Coin

Launching a meme coin involves several critical steps. The first step is conceptualizing the coin’s theme and branding, ensuring it resonates with a target audience. The next step is the technical development, which includes writing and deploying the smart contract on a blockchain platform. Ensuring the coin’s security through audits and robust code is essential to prevent vulnerabilities.

Community building is another vital aspect of a successful meme coin launch. Engaging with potential users through social media, creating entertaining content, and maintaining transparency about the project’s goals and progress are crucial for gaining trust and support.

Conclusion

Memetic cryptocurrencies represent a fascinating intersection of internet culture, finance, and community engagement. While they carry significant risks, their potential for substantial rewards and positive social impact cannot be ignored. As the crypto ecosystem continues to evolve, meme coins may play an increasingly important role in shaping the future of digital finance.

Business

First wind turbine components arrive as LNG project moves ahead

Published

8 hours ago

December 4, 2025

Tom Sinclair

THE FIRST ship carrying major components for Dragon LNG’s new onshore wind turbines docked at Pembroke Port last week, marking the start of physical deliveries for the multi-million-pound renewable energy project.

The Maltese-registered general cargo vessel Peak Bergen berthed at Pembroke Dock on Wednesday 26^th November, bringing tower sections and other heavy components for the three Enercon turbines that will eventually stand on land adjacent to the existing gas terminal at Waterston.

A second vessel, the Irish-flagged Wilson Flex IV, has arrived in Pembroke Port today (Thursday) carrying the giant rotor blades.

The deliveries follow a successful trial convoy on 25 November, when police-escorted low-loader trailers carried dummy loads along the planned route from the port through Pembroke, past Waterloo roundabout and up the A477 to the Dragon LNG site.

Dragon LNG’s Community and Social Performance Officer, Lynette Round, confirmed the latest movements in emails to the Herald.

“The Peak Bergen arrived last week with the first components,” she said. “We are expecting another delivery tomorrow (Thursday) onboard the Wilson Flex IV. This will be blades and is currently showing an ETA of approximately 03:30.”

The £14.3 million project, approved by Welsh Ministers last year, will see three turbines with a combined capacity of up to 13.5 MW erected on company-owned land next to the LNG terminal. Once operational – expected in late 2026 – they will generate enough electricity to power the entire site, significantly reducing its carbon footprint.

The Weather conditions were favourable for the arrival of the Wilson Flex IV, which was tracking south of the Smalls at midnight.

The abnormal-load convoys carrying the components from the port to Waterston are expected to begin early next year, subject to final police and highway approvals.

A community benefit fund linked to the project will provide for residents in nearby Waterston, Llanstadwell and Neyland.

Further updates will be issued by Dragon LNG as the Port of Milford Haven as the delivery programme continues.

Photo: Martin Cavaney

Business

Cardiff Airport announces special Air France flights for Six Nations

Published

12 hours ago

December 4, 2025

Tom Sinclair

Direct services to Paris-Charles de Gaulle launched to cater for Welsh supporters, French fans and couples planning a Valentine’s getaway

CARDIFF AIRPORT and Air France have unveiled a series of special direct flights between Cardiff (CWL) and Paris-Charles de Gaulle (CDG) scheduled for February 2026.

Timed to coincide with two major dates — the Wales v France Six Nations clash on Saturday 15 February and Valentine’s weekend — the flights are designed to offer supporters and holidaymakers an easy link between the two capitals.

For travelling French rugby fans, the services provide a straightforward route into Wales ahead of match day at the Principality Stadium, when Cardiff will once again be transformed by the colour, noise and passion that accompanies one of the tournament’s most eagerly awaited fixtures.

For Welsh passengers, the additional flights offer a seamless escape to Paris for Valentine’s Day, as well as opportunities for short breaks and onward travel via Air France’s wider global network.

Cardiff Airport CEO Jon Bridge said: “We’re thrilled to offer direct flights to such a vibrant and exciting city for Valentine’s weekend. Cardiff Airport is expanding its reach and giving customers fantastic travel options. We’ve listened to passenger demand and are delighted to make this opportunity possible. There is more to come from Cardiff.”

Tickets are already on sale via the Air France website and through travel agents.

Special flight schedule

Paris (CDG) → Cardiff (CWL):

13 February 2026: AF4148 departs 17:00 (arrives 17:30)
14 February 2026: AF4148 departs 14:00 (arrives 14:30)
15 February 2026: AF4148 departs 08:00 (arrives 08:30)
15 February 2026: AF4150 departs 19:40 (arrives 20:10)
16 February 2026: AF4148 departs 08:00 (arrives 08:30)
16 February 2026: AF4150 departs 16:30 (arrives 17:00)

Cardiff (CWL) → Paris (CDG):

13 February 2026: AF4149 departs 18:20 (arrives 20:50)
14 February 2026: AF4149 departs 15:20 (arrives 17:50)
15 February 2026: AF4149 departs 09:20 (arrives 11:50)
15 February 2026: AF4151 departs 21:00 (arrives 23:30)
16 February 2026: AF4149 departs 09:20 (arrives 11:50)
16 February 2026: AF4151 departs 17:50 (arrives 20:20)

Business

Cwm Deri Vineyard Martletwy holiday lets plans deferred

Published

19 hours ago

December 4, 2025

Bruce Sinclair - Local Democracy Reporter

CALLS to convert a former vineyard restaurant in rural Pembrokeshire which had been recommended for refusal has been given a breathing space by planners.

In an application recommended for refusal at the December meeting of Pembrokeshire County Council’s planning committee, Barry Cadogan sought permission for a farm diversification and expansion of an existing holiday operation through the conversion of the redundant former Cwm Deri vineyard production base and restaurant to three holiday lets at Oaklea, Martletwy.

It was recommended for refusal on the grounds of the open countryside location being contrary to planning policy and there was no evidence submitted that the application would not increase foul flows and that nutrient neutrality in the Pembrokeshire Marine SAC would be achieved within this catchment.

An officer report said that, while the scheme was suggested as a form of farm diversification, no detail had been provided in the form of a business case.

Speaking at the meeting, agent Andrew Vaughan-Harries of Hayston Developments & Planning Ltd, after the committee had enjoyed a seasonal break for mince pies, said of the recommendation for refusal: “I’m a bit grumpy over this one; the client has done everything right, he has talked with the authority and it’s not in retrospect but has had a negative report from your officers.”

He said the former Cwm Deri vineyard had been a very successful business, with a shop and a restaurant catering for ‘100 covers’ before it closed two three years ago when the original owner relocated to Carmarthenshire.

He said Mr Cadogan then bought the site, farming over 36 acres and running a small campsite of 20 spaces, but didn’t wish to run a café or a wine shop; arguing the “beautiful kitchen” and facilities would easily convert to holiday let use.

He said a “common sense approach” showed a septic tank that could cope with a restaurant of “100 covers” could cope with three holiday lets, describing the nitrates issue as “a red herring”.

He suggested a deferral for further information to be provided by the applicant, adding: “This is a big, missed opportunity if we just kick this out today, there’s a building sitting there not creating any jobs.”

On the ‘open countryside’ argument, he said that while many viewed Martletwy as “a little bit in the sticks” there was already permission for the campsite, and the restaurant, and the Bluestone holiday park and the Wild Lakes water park were roughly a mile or so away.

He said converting the former restaurant would “be an asset to bring it over to tourism,” adding: “We don’t all want to stay in Tenby or the Ty Hotel in Milford Haven.”

While Cllr Nick Neuman felt the nutrients issue could be overcome, Cllr Michael Williams warned the application was “clearly outside policy,” recommending it be refused.

A counter-proposal, by Cllr Tony Wilcox, called for a site visit before any decision was made, the application returning to a future committee; members voting seven to three in favour of that.