How do you ensure that meme coins regain their value?

What is a meme?

A meme (pronounced in English, as 'meem') is essentially a digital internet joke. It is usually a funny image, a photo, or a short video that is shared en masse by thousands of people via computer or smartphone.

The unique thing about a meme is that people modify the original image just a tiny bit each time to make a new joke out of it. You can compare it to a good joke that used to be passed from person to person at work or in the cafeteria, but now in the form of an image that travels all over the world.

Why are meme coins worthless?

The sum of all coins

The secret lies in the total number of coins of a cryptocurrency that have been minted.

• There are, for example, a maximum of 21 million Bitcoins. Because there are so few of them, the price per coin can become very high.

• Of your favorite, the Crow with a knife, however, not millions, but hundreds of quadrillions of coins have been minted. There are truly a gigantic number of them in circulation.

If one Crow with a knife coin or other meme coin were worth €1.00, then your wallet containing 1.6 billion coins would actually be worth 1.6 billion euros immediately. But because there are so many of the coins in total, that single Crow coin or other meme coin would have to contain more money than the total amount of real money (euros, dollars, gold, and houses) in the entire world. And unfortunately, that is not possible.

But... there is good news!

So, although €0.50 or €1.00 is mathematically impossible for these kinds of meme coins, you can still make a very nice profit with them.

In crypto, we don't look at whether a coin goes to €1.00, but whether zeros disappear from the decimal point.

Suppose the price is currently €0.00000011.

If the coin becomes popular and three zeros disappear due to a significant rise (so that the price becomes, for example, €0.00011), then your tenner is suddenly worth thousands of euros!

That is still not a billion, but it is an incredibly nice result for an investment of a few tenners that won't cost you a living. So, your tactic of buying a huge pile of coins with very little money is still very smart, as long as you keep an eye on those zeros!

Okay, we now have the reason why not,

But what is the solution for the founder of those "Crow with knife" tokens, or other Meme coins to make them valuable again?

That is truly *the* question that the founders and the community of these types of coins are constantly grappling with! Fortunately, there is a very well-known and smart solution to this problem in the crypto world.

If you have too many coins in circulation, causing the price per coin to remain very low, the logical solution is to **reduce the total supply**.

The founders and the community can tackle this in a number of ways to make the coin more valuable again:

### 1. Token Burning ('Burning' coins)

This is the most commonly used method. The founders send millions or billions of coins to a so-called 'dead wallet' (a digital address to which no one holds the key). Those coins are then gone forever and can never be traded again.

* **The effect:** Because suddenly there are far fewer coins in existence, but demand remains the same, the value of the remaining coins (like those in your wallet!) increases. Many projects link this to transactions: with every purchase or sale, a small percentage is automatically 'burned'. 

### 2. 'Staking' and 'Locking' (Temporarily locking up coins)

The founders can build systems where owners of the coin are rewarded if they lock up their coins for a longer period (staking).

* **The effect:** If millions of people lock up their coins, those coins are temporarily 'off the market'. There are then fewer coins available to sell on exchanges. This creates scarcity, which can drive up the price.

### 3. Giving the coin real 'Utility'

A meme coin often starts as a joke, but the founders can make the coin valuable by linking real functions to it. Think of:

* Building an official online game around it where you can only pay with *Crow with knife* or other Meme coins.

* Setting up your own platform where you can buy special digital art (NFTs) of the crow with the coin.

* The more people actually start using the coin instead of just hoarding it, the more valuable it becomes. ---

### The 'Halving' Idea

You can compare it a bit to rare stamps or Pokémon cards. If a billion of them have been printed somewhere, they are worth nothing. But if the factory decides to destroy 99% of them, the cards you still have in your folder suddenly become worth a lot of money.

So, the founders of *Crow with knife* or other Meme coins need to ensure a combination of **burning** (fewer coins) and **popularity** (more people wanting it). If they handle that well, those zeros after the decimal point will vanish like snow in the sun!

Food note of the author "ZeNNeC":

So founders of the Meme coins please make those worthless tokens worthful again?

(-: coins are coins, and that's how it should be :-)

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