The Origin and Evolution of Meme Coins and the Crypto Assets Market
The movie "Bets on the Table", which exposes telecom fraud, features elements from the Crypto Assets circle, such as "coin" and Ketaicoin. With the release of the film, Ketaicoin was quickly issued in the crypto market. Currently, there are trading pairs of Ketaicoin on multiple blockchains, mainly concentrated on Ethereum, BSC, and Base chains. Among them, Uniswap v2 on the Ethereum chain has the largest liquidity. After the film's screening on August 5, the price of Ketaicoin skyrocketed over 3000 times within just two days. However, the good times didn't last; on August 8, the price began to decline, and by the 19th, it had almost dropped back to its issuance price.
Kota coin belongs to a category known as "Meme coins" in the Crypto Assets.
The definition and development of Meme
The concept of a meme can be traced back to Richard Dawkins' "The Selfish Gene" in 1976, defined as a unit similar to a gene.