Pudgy Penguins NFT CEO: Social Tokens Are the Future of Memecoins (Compiled by Rhythm). Luca Netz believes that memecoins are limited by a lack of innovation, stagnation, and reliance on hype. He argues that the future of memecoins lies in evolving into "social currencies," a form of token with real fundamentals that can foster community and drive the crypto industry forward. Memecoins, as a form of intellectual property (IP), have the potential to deeply resonate with people, but they need to evolve from "meaningless images" into productive and community-driven social currencies to break through existing boundaries. Social currencies not only monetize viral effects but also continuously create demand through brand expansion and ecosystem building, fostering deep community identity rather than collapsing after the hype fades, as with Meme coins. Read the full article: https://t.co/A8KNWIHdtp