What is the difference between a meme coin and a utility token?

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Gabrielle

Meme coins are mainly fueled by community hype, social media trends, and viral marketing, often lacking intrinsic utility. In contrast, utility tokens serve a specific function within a blockchain ecosystem, such as granting access to services, governance, or staking rewards. However, the line between them is blurring, as modern meme coins integrate features like play-to-earn gaming, NFT marketplaces, and staking mechanisms to enhance their value and longevity. By adding real-world utilities, meme coins can transition from mere speculation to sustainable projects. A custom meme coin development service can help integrate these advanced features seamlessly.

Tags: meme, service, NFT, token

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