Krutika Adani
Though most memecoins are based on memes and are driven by market trends, there are some that have real-world utility, which makes them more valuable.
Utility-driven memecoins have a real-world value which means that even if the memecoin trend fades, these coins won’t see much fall from their levels.
Currently, SHIB is the memecoin with the highest utility as it allows you to stake, pay for Layer-2 gas, avail DeFi services, and do a lot more on the Shibarium blockchain.
DOGE is the largest memecoin and can be used to pay for Tesla accessories, making it the first memecoin to have a real monetary value.
Floki Inu memecoin is used in its metaverse to buy assets and play games on its platform.