It seems that they still are, but you may have also heard of one new thing – meme chains. Let’s explore what Doge and Pepe fans have delivered to us this time.
What Are Meme Chains?
In 2020-2021, it became very easy to launch your own token on Ethereum or Binance Smart Chain. This sparked the emergence of a swarm of new meme coins, each with its own tokenomics and unique features (or without them, but with a funny name and logo). In 2022, the evolution of meme-focused crypto projects continued with meme chains – full-scale blockchains centered around memes like Doge or Pepe the Frog. It’s easier than ever to launch a new network today, so crypto enthusiasts ventured to develop their own meme ecosystems.
Memes in the crypto sphere go hand in hand with fierce trading on the verge of gambling. Maybe this is the reason why meme chains are gaining traction at this very moment – in the midst of a bear market, when crypto enthusiasts are tired from lack of movement in crypto.
Meme chains are in their very early days – of 4 networks that we will discuss, only one has launched its mainnet, while others are only testing their functionality. The nature of some of them seems to be speculative, while others aim to change the way blockchains and DeFi function. WIthout further ado, let’s take a look at the most well-known meme chains.
Dogechain – a Network for Dogecoin Hodlers
Dogecoin has always been famous for its vibrant community – millions of DOGE hodlers participated in all kinds of online and offline ventures, from coin pumps to charity. However, the functionality of Dogecoin blockchain has remained very limited: all it allows for is hodling and transacting. It would make sense if such a community eagerly embraced a Doge-related blockchain with DeFi and all sorts of dApps.
“Dogecoin holders deserve the same powers as other crypto holders”, states the official website of Dogechain – a network built “by Dogecoin holders, for Dogecoin holders.” Dogechain positions itself as a layer on top of Dogecoin, while in fact, these are two separate chains with a bridge in between – users can deposit DOGE and receive the blockchain’s native Dogechain coin (DC), or vice versa.

Dogechain front page. Image source
Dogechain introduces DOGE owners to new use cases such as NFTs, games, and DeFi. Since it’s EVM-compatible, a burgeoning ecosystem of DEXes like DogeSwap and KibbleSwap has instantly emerged in the network. It got flooded with newly minted tokens of all kinds – basically everyone can create an asset if they have some DC in their wallet. Low gas fees pushed Doge enthusiasts into trading low-liquidity tokens that could go parabolic in minutes. Instant returns on low investment serve as a relief for users tired from sluggish crypto winter – but also form a graveyard of dead tokens, a kind of waste pump-and-dump material. Nevertheless, some serious projects like FraxSwap are present in the Dogechain ecosystem, too.





