When you hear ERC-20 memecoin, a type of cryptocurrency token built on the Ethereum network using the ERC-20 standard, often created for humor or viral hype with little to no utility. Also known as Ethereum meme token, it’s the digital equivalent of a joke that got a bank account. These aren’t stocks, aren’t apps, and rarely have teams. They’re just code on a blockchain, backed by nothing but Twitter threads and Discord hype. Most die within weeks. A few go viral—then crash harder than a TikTok trend after a holiday.
What makes them different from other tokens? Solana memecoin, a meme token built on the Solana blockchain, known for low fees and fast transactions, often used for speculative trading moves faster and cheaper than ERC-20 versions. But ERC-20 memecoins live on Ethereum, which means higher gas fees and slower trades—but also more visibility. That’s why you see so many of them listed on CoinMarketCap. Then there’s Sui blockchain meme coin, a meme token built on the Sui network, designed for scalability and low-cost transactions, often tied to viral internet culture. These are newer, less crowded, and sometimes have quirky hooks—like donating to wildlife or featuring a bread cat. But here’s the catch: none of them solve real problems. They’re all gambling with a logo.
And then there’s the airdrop trap. People chase free crypto airdrop, a distribution of free tokens to wallet holders, often used to bootstrap community adoption or reward early users tokens like it’s a lottery. But most are fake. Some are just pump-and-dump schemes with a fancy website. Others are abandoned projects that never launched. You’ll find both in the posts below—like Sudeng (HIPPO), which actually donates to conservation, and WIT, which is just a ghost token with no one left to care. The same goes for low-cap crypto like LOAFCAT and WIKEN. They’re not investments. They’re experiments in human behavior.
There’s no magic formula to win with these. No guru who knows the next big one. The only thing that matters is knowing when to walk away. Most ERC-20 memecoins lose 90% of their value in the first month. The ones that survive? Usually because someone still believes in the joke. Or because they’re too lazy to sell. Either way, you’re not buying utility—you’re buying attention. And attention runs out fast.
Below, you’ll find real breakdowns of tokens that tried to be funny, useful, or revolutionary—and what actually happened. Some are cautionary tales. Others are weirdly honest. No fluff. No hype. Just what’s real, what’s gone, and what’s still floating around like a ghost in the blockchain.
Leslie (LESLIE) is a low-market-cap ERC-20 memecoin claiming to support rhino conservation. With only $292K market cap and 1,020 holders, it's a high-risk, low-liquidity token with no verifiable impact.