The meme coin isn't over... The tokenization experiment of the attention economy continues

Source: TokenPost Original Title: MoonPay CEO “Meme Coins Are Not Over… The Tokenization Experiment of the Attention Economy Continues” Original Link: Payment infrastructure company MoonPay('s CEO Keith A. Grossman) stated that despite the downturn in the meme coin market, meme coins are not finished. He emphasized that meme coins will abandon their current form and return in a new shape.

Grossman analyzed that the true innovation of meme coins lies in making the ‘attention(attention)’ easily tokenizable at low cost. Previously, only platforms, brands, and some influencers could convert interest into economic profit, but blockchain has opened this up to all users. He said, “Before cryptocurrencies, interest was monetized only by platforms, brands, and a few influencers, and ordinary users created value but gave it away for free,” and added, “Likes, trends, memes, and communities have generated enormous economic value.”

Meme coins are cryptocurrencies based on humor and internet memes, such as Dogecoin(DOGE), Bonk(BONK), and Floki(FLOKI). They are driven more by popular interest and participation than by serious technical objectives. However, their market growth plays an important role in a new economic paradigm called the attention economy, going beyond simple entertainment. In this process, blockchain is emerging as a tool that anyone can easily turn attention into an ‘asset.’

Despite the recent overall liquidity contraction and regulatory pressures in the cryptocurrency market, there is hope that meme coins can make a comeback through ‘transformation.’ Especially, the spread of participatory NFTs like Pump.fun(Pump.fun) and community-driven meme coins like Pengu(PENGU) demonstrate a different kind of evolution than before.

Rather than focusing solely on immediate price drops or declining interest, it is necessary to pay attention to the attention economy structure in which meme coins operate and their collective participation model. Meme coins continue to evolve meaningfully as experiments in a ‘decentralized content economy,’ not just as simple memes.