Blockchain Minute Videos- What Gives Memes Their Value?

Today we’re talking about something that confuses a lot of people but defines a huge part of Web3: meme coins.

You’ve probably seen them:

  • A token with a picture of a dog

  • Or a frog

  • Or a random character from the internet

And somehow… they’re worth billions.

What Exactly Is a Meme Coin?

A meme coin is a digital token—usually launched as a joke or community experiment—with no traditional “intrinsic value.”

No earnings.

No revenue.

No corporate backer.

And yet…

  • Dogecoin is valued around $14 billion

  • Pepe hit $2 billion

  • Bonk has crossed $1 billion

So how do these things get valued?

Simple: community.

Value = What the Community Decides

The price of a meme coin is determined by people—trading, holding, hyping, and memeing.

It’s all about:

  • Culture

  • Momentum

  • Community belief

One day Dogecoin is worth 37 cents.

The next it’s 39 cents.

There’s no central authority—it’s just people trading in the open market.

Still Confused? Let’s Talk Beer Coasters 🍺

Let me give you an example from the analog world: beer coasters.

I collect them. Here’s one from Budvar, the original Budweiser brewery in Pilsen, Czech Republic.

Now—what’s that coaster worth?

Is it $1,000?

Or 5 cents?

Depends who’s asking.

In the coaster-collecting world, value comes from:

  • Scarcity

  • Condition

  • Personal or cultural relevance

  • Trading activity

Sound familiar?

Web3 Is Community-Driven Value

Whether it’s a meme coin or a beer coaster, value is decided by the community that cares about it.

That’s Web3 in a nutshell:

  • Decentralized ownership

  • Open markets

  • Collective value assignment

If you’re trading meme coins, you’re not playing pretend economics—you’re just participating in a modern version of trading collectibles.

Final Thought

Meme coins might look silly. But the mechanics behind them—community, culture, and open markets—are deeply serious.

In Web3, the crowd gets to decide what something is worth.

And sometimes… the crowd is really into dogs.


Blockchain for SchmucksBlockchain for Schmucks

Don’t Be A Schmuck! Imagine its 1993, and some Putz tells you that we will be using our computers and telephones to watch TV, buy stocks, purchase groceries, read the newspaper, pay our bills, and run our businesses. This will happen because of a new protocol called: “The Internet.” You would say “gay chacham, ye linger” (go away, you liar)!

But here we are now, looking at this Fakakta new technology called “Blockchain” which offers as much promise as the Internet did in 1993. This isn’t Chazerei (junk) but real technology that is being used every day. You’re using it yourself but don’t know it!

This Booklela will keep you from being a Schmuck while you learn about Blockchain, Crypto, NFTs, DeFi and Tokenization, all while you join in the laughter.

Enjoy the book and the Schtumi (ongoing humor). And…..don’t have a kniption (anxious fit)! There’s a glossary in the back for tech & Yiddish. GET THE BOOK!