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The second largest cryptocurrency by market cap, Ethereum, is a thriving blockchain ecosystem that pioneered smart contracts and decentralized applications (dApps).
The second-largest cryptocurrency by market cap, Ethereum, is a thriving blockchain ecosystem that pioneered smart contracts and decentralized applications (dApps). The Proof-of-Stake (PoS) network is home to hundreds of meme tokens with some of the most loyal crypto communities.
Read on as we cover the top Ethereum meme coins in 2025 and explain why the most influential blockchain after Bitcoin is a market leader in speculative crypto assets.
What Are Ethereum Meme Coins?
Ethereum meme coins are cryptocurrencies created on the Ethereum blockchain mainly for entertainment. They typically take inspiration from internet meme culture, an influential crypto figure, or viral trends.
Additionally, meme coins often lack real-world utility and rely on community hype to boost their value. The section below examines how Ethereum meme tokens differ from coins on other blockchains, how gas fees impact their adoption, and how smart contracts shape their utility.
Ethereum Meme Tokens vs Other Blockchain Crypto
Helmed by blockchain engineer Vitalik Buterin, Ethereum was launched in 2015 and pushed crypto technology beyond peer-to-peer (P2P) transactions. It was the first network to be able to record and execute code through smart contracts, which is one of the key differences between Ethereum meme coins and crypto from other blockchains.
Most Ethereum-based meme coins use the ERC-20 token standard, one of crypto’s most widely used protocols. These tokens can also operate with decentralized exchanges (DEXs), wallets, and dApps on the Ethereum blockchain.
In contrast, cryptocurrencies like Bitcoin (BTC), Litecoin (LTC), and Ripple (XRP) operate on networks with functionality limited to everyday P2P transactions. However, Ethereum currently competes with other Layer-1 blockchains that also support smart contract functionality, including BNB (BNB), Solana (SOL), and Avalanche (AVAX).
High Gas Fees Limit Ethereum Meme Coin Adoption
One of the biggest hurdles to the widespread adoption of Ethereum meme coins is the blockchain’s high network fees and low transaction speeds. The table below compares Ethereum’s gas prices and throughput with those of its top competitors.
Despite being one of the most widely used blockchains, Ethereum’s gas fees can become extremely expensive, especially during high network congestion. This, combined with its throughput at around 15 TPS, does not provide a conducive environment for meme coin trading compared to other chains.
Meme tokens grow best when they can be traded quickly and in high quantities, allowing new users to invest and increase the cryptos’ value. This is why the Solana meme coin ecosystem quickly rose to prominence, with the network’s 65,000 TPS and $0.00064 median fee per transaction.
Ethereum Smart Contracts With Meme Coins
Smart contracts enable Ethereum meme coins to tap into Web3 applications or dApps on the blockchain. This allows token holders to trade, lend, borrow, and stake their assets on decentralized platforms while maintaining complete control of their crypto holdings.
Top Gainers (24h)
Top Losers (24h)
Furthermore, Ethereum smart contracts have created other digital assets, such as NFTs (non-fungible tokens). Many Ethereum-based meme tokens integrate NFTs into their project roadmaps and tokenomics, aiming to drive value for token holders. For instance, Milady Meme Coin (LADYS) airdropped 1% of its total token supply to PEPE and Milady NFT holders.
How Do Ethereum Layer 2 Solutions Affect the Growth of Meme Coins?
According to CoinDesk, Layer-2 (L2) solutions are fast and cost-effective networks that help facilitate transactions from the Ethereum Layer-1. Many Ethereum community members believe that Ethereum will need to rely on these L2 rollups if the blockchain wishes to remain competitive and scale.
Regarding meme coins, Ethereum L2 solutions could help solidify the L1 chain as a dominant meme token ecosystem. Here’s how Layer-2 solutions help scale Ethereum and benefit tokens on the blockchain:
L2 scalability plays a crucial role in meme coin adoption on Ethereum. Lower network costs and higher throughput enhance meme coin liquidity on DEXs, making trading and DeFi processes more efficient. As Ethereum scales, it becomes a more attractive and competitive platform for meme coin projects.
Can an Ethereum Meme Coin Have Utility?
While many meme coins like Dogecoin (DOGE) lack real-world functionality beyond payments, Ethereum-based tokens can offer utility through smart contracts. Here are some utility benefits employed by several Ethereum meme coins:
By integrating staking, DAOs, token burns, P2E, and blockchain bridges, Ethereum meme coins become more than just speculative crypto assets. These strong use cases could enhance meme tokens’ long-term sustainability and influence in the broader crypto market.
What Are the Best Tools to Track New Meme Coins on Ethereum?
Making sound Ethereum meme coin investment decisions requires monitoring the prices and developments of cryptocurrencies. Let’s review some of the
Disclaimer:info@kdj.com
The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!
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