Meme Coins Are the New Dot-Com Bubble—And They’re Fucked

Meme coins are basically the dot-com bubble on steroids—same hype, same bullshit, just with more Twitter influencers pumping garbage. Back in the ’90s, slapping “.com” on a company name was enough to send stocks soaring, even if the company had no business model, no revenue, and no real plan. Sound familiar? Remember Pets.com? Went public with a $300 million valuation, dead a year later. eToys? Worth $8 billion at its peak—bankrupt in months.

Now fast forward to today, and we’ve got the same circus with meme coins. Dogecoin, created as a literal joke, hit an $88 billion market cap—bigger than some of the biggest companies on the planet. Shiba Inu, another pointless token, once flipped Doge in valuation. And let’s not even talk about the thousands of useless meme coins that pop up daily, each promising to be “the next big thing” while offering absolutely nothing. It’s all just glorified gambling with fancy dog logos.

And trust me, I’ve seen this shit before. I bought eBay back in the day when it was dirt cheap, but like an idiot, I sold it for a small profit instead of holding on. If I had kept it, I’d be sitting on a fortune. But at least I was investing in something real—an actual business with revenue, not some pump-and-dump meme coin that’s just gonna vanish when the hype dies.

And here’s the kicker—just like the dot-com crash wiped out 90% of those garbage stocks, the same fate is coming for meme coins. The second regulations hit and the big money moves on to actual projects with real utility, all this meme coin bullshit is going to collapse. Sure, a few might survive, just like Amazon and Google did after the dot-com crash, but the rest? They’re fucked. And the only people left holding the bag will be the ones who thought this shit was gonna last forever.