The Meme Coin Dilemma: Why More People Means Less Value

Meme coins present an interesting market puzzle. Everyone knows the game—early adopters get rich while latecomers get rekt. Yet people keep piling in.

Here's the contradiction: the more participants join a meme coin, the less likely any individual wins. It's a zero-sum rush where success requires others to be left behind. You're betting on being smarter, faster, or luckier than the crowd.

The paradox deepens when you realize that widespread popularity—the thing that makes meme coins go viral—is also what kills their upside potential. The moment everyone knows about it, the game's already over for most.

So traders keep chasing that next unknown gem, knowing full well that the moment it becomes known, their edge disappears. It's participation with built-in expiration dates.