# Meme-o-Mania *Author: Bankless* *Published: Nov 15, 2024* *Source: https://www.bankless.com/es/meme-o-mania* --- [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/unnamed--13-.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=biomes-autonomous-world&email=true) Meme-o-Mania Published on Nov. 15, 2024 [ View in Browser ](https://www.bankless.com/metaversal) --- [**Sponsor: Mantle**](https://www.bankless.com/sponsor/mantle-1706216729?ref=biomes-autonomous-world&email=true) — Mass adoption of decentralized & token-governed technologies. [Vist mantle.xyz to learn more](https://www.bankless.com/sponsor/mantle-1706216729?ref=biomes-autonomous-world&email=true) .  .  . NEWS ROUNDUP Meme-o-Mania **This week, **[**this tweet**](https://x.com/punk9059/status/1856724117065437434)** from Stats caught my eye:** [![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/11/image---2024-11-13T174642.142.png)](https://x.com/punk9059/status/1856724117065437434)The new wave of major memecoins are now bigger than the biggest Ethereum collectibles were at their combined peak during the last bullrun, when CryptoPunks, Bored Apes, Azuki, etc. were seeing all-time highs in trading activity. To be sure, what's similar here is the allure of high returns. NFTs were the playground for degens in 2021, while memecoins have decidedly taken up that mantle this cycle. What's different, though, is *accessibility*. For instance, if you were just getting excited about NFTs in 2021, you couldn't just go easily drop $20 on a CryptoPunk. There are only 10,000, right, and as unique collectibles they're indivisible unless you do some NFTfi wrap-and-shard magic. This dynamic helped the 'Punks floor price rocket past 100 ETH at one point! But most folks don't have that much crypto to spend on anything. On the flip side, memecoins are fungible. Anyone any time can drop as little as $1 (or much more, or even less, etc.) on WIF, POPCAT, MOG, and so forth to get a divisible bag and start playing along in the memes casino. Plus, most memecoin action these days is taking place on chains like Solana and Base where transaction fees are drastically cheaper than those that we saw around NFTs in 2021, particularly during periods of network congestion. All that said, the biggest memecoins "flipping" the biggest NFTs isn't so surprising when you consider the lower barrier to entry that memecoins enjoy—more people can easily pile into a fungible token than the reigning 10k PFP collections. To be sure, the future of NFTs has never been brighter, as their use cases are branching out in all directions, and low-cost mints *are *very accessible. My main point here is that the cryptoeconomy's culture vertical now has two major asset classes, NFTs *and *memecoins, while in 2021 it just had one. The lines are blurring here as well. [DN-404 tokens](https://www.coindesk.com/tech/2024/02/13/ethereum-developers-create-dn-404-tokens-after-erc-404s-send-network-fees-surging/) have accompanying fungible and non-fungible assets. Zora recently launched [ERC-20z tokens](https://zora.co/writings/onchain-secondary-markets), which can evolve from NFTs to ERC-20s on command. And I've also seen more memecoin projects starting to deploy their own NFT PFP collections too. Both of these asset types can be approached and used in different ways, of course, but ultimately they're both community-driven and can be complementary. I'll be watching the collective experiments that take place at these crossroads closely in the years ahead, and you should too! ### **📰 General news** - **Loot** [partnered with SuperSpecial on a grants program for fantasy writers](https://deadline.com/2024/11/amy-aniobis-superspecial-100k-grant-fantasy-writers-1236173449/) - **Shape **[is preparing to start Shapecraft, a worldbuilding hackathon](https://x.com/Shape_L2/status/1856365382703165755)[ ](https://twitter.com/punksOTC/status/1798093880711155918) ### **🎨 Cryptoart & music** - **A Lost Robbie** [resold for 210 ETH via SuperRare](https://x.com/SuperRare/status/1856120570015887741) - **Jack Butcher **and **Visualize Value** [released Tradeoffs (#1) via Mint, receiving nearly 150k mints in 24 hours](https://mint.vv.xyz/0xcb52f0fe1d559cd2869db7f29753e8951381b4a3/1) - **Raoul Pal** [collected XCOPY's *Last Selfie*](https://x.com/RaoulGMI/status/1856394276373971095)* * ### **🏆 Digital collectibles** - **CryptoPunks** [neared a $100k floor for the first time in months](https://x.com/funghibull/status/1856085191665824102) - **Forgotten Runes Wizard's Cult** [unveiled a new website](https://x.com/ForgottenRunes/status/1856750292563632145) - **McDonald's** [announced the details of its Doodles coffee collab](https://www.theblock.co/post/326582/nft-brand-doodles-partners-with-mcdonalds-for-holiday-themed-physical-and-digital-collectibles?utm_source=twitter&utm_medium=social) ### **🎮 Decentralized gaming** - **Duper** [announced its Beginner's Tournament event](https://x.com/playduper/status/1856121855306068356) - **Fableborne**, a free mobile multiplayer game, [is coming to Ronin](https://x.com/Ronin_Network/status/1856699644736348390) - **Fren Pet** [donated $FP to the upcoming dGEN1 airdrop](https://x.com/frenpetonbase/status/1857125957502746953) - **Lumiterra **[launched its 2nd closed beta test on Ronin](https://x.com/Ronin_Network/status/1856898670538756214) - **Parallel **[kicked off mobile testing for its TCG](https://x.com/ParallelTCG/status/1856419294726504913) - **Pirate Nation** [unveiled the details of $PIRATE Staking 2.0](https://x.com/PirateNationFDN/status/1856395842523148787) - **Supersize **[won the gaming track of the Solana Radar Hackathon](https://x.com/supersizegg/status/1856362645663703195) - **Wayfinder**, the omnichain AI protocol that will underpin Parallel Colony, [added Solana support](https://x.com/templecrash/status/1856749564931547194) ### **🪙 Memes & NFTfi ** - **ArtRun**, a trading platform for Zora artcoins, [added new features](https://x.com/artrun_io/status/1857164861223973281) - **Blur** [is considering a fee switch proposal](https://x.com/blur_io/status/1856040469421273309) - **Drakula**, a video app for Base memes, [introduced videocoins](https://x.com/Drakulaapp/status/1856049368446709771) - **Mintify**, an orderbook protocol, [is coming to Shape](https://x.com/Mintify/status/1857091188127375860) - **Relay** [added support for ApeChain bridging](https://x.com/apecoin/status/1857211914557808780) - **The Pond**, an NFT collection by the $FWOG memecoin team, [saw multiple +250 SOL sales this week](https://x.com/Tyler_Did_It/status/1856457201235189779) - **Zerebro**, an AI memecoin project, [launched a PFP collection](https://x.com/Tyler_Did_It/status/1856032504760938854) ### **📱 Onchain social** - **Lens** [introduced its social network L2](https://x.com/LensProtocol/status/1856153261184790665) - **Untitled**, a new crypto social network, [launched](https://x.com/untitled/status/1856370310335066381) ### 🌐 **Virtual worlds** - **Decentraland **[published its Decentraland Music Festival lineup and map](https://x.com/decentraland/status/1855007513483104441) ---