WTF is a Memeconomy? And Why it Matters

James

July 21, 2025

memeconomy

WTF is a Memeconomy? And Why it Matters

Key Takeaways

  • Memeconomy is an ecosystem of meme lovers sharing feelings, ideas, and information with funny images. 
  • Memes are snapshots of our brains and feelings shared in funny images and short video clips around social media.
  • Memeconomy has shaped the financial space like crypto, where a viral image has the power to pump memecoins. 

Let’s be honest: you have probably scrolled through endless tweets on X chuckling at the Distracted Boyfriend, Drake format, Stonks, and WAGMI memes in the past 24 hours than actual real faces, and you get cracked up in laughter every time you come across these memes. 

You laugh, bookmark, like, share, and move on…

These chaotic, misspelt memes, such as “Stonks,” are part of the bite-sized nuggets that make up internet culture, influencing those late-night giggles.

This internet culture has gone past the age of mere japes and giggles; they make up a huge part of a significant ecosystem called the meme economy. 

Let’s dive deep into the internet rabbit hole of mem-economy and discover why it’s low-key running the world. 

So, WTF is a Memeconmony

This is the internet version of a marketplace where Bitcoin, Gold, and Stocks are traded. However, instead of trading these assets, people spend more time on a photoshopped image of a cat wearing glasses on a beach or a short video clip because these things have gone viral and attracted much attention in the last few years. 

TL; DR

People create short, funny video clips or meme images.

Like and Share these images 

Memes go viral and become a trend, with many people jumping on it.

Although memeconomy has become a huge part of Gen Z, it gained much traffic and hype around 2016 on Reddit and X ( formerly Twitter), where users were pumping up these memes like memecoin degen traders with many likes, shares, recreating new trends and dumping these memes with better ones when they become stale.

Why do I care about memeconomy, as it’s just a mere internet joke?

No, the meme economy has grown past this industry stage, where it was meant for fun and jokes.

Memeconomy has become a cultural heritage for many internet ecosystems, expressing feelings and transferring information through short, funny video clips and images.

How has the mem-economy really affected the internet space since its growth?

First, memes are not random; they are a snapshot of our brains regaining our feelings.

When “Distracted Boyfriend” broke the internet, it showed the obsession of many people, including traders, with the next trend.

Second, the memeconomy had an economic impact during the DeFi trend in 2021.

Reddit and X users who showed diamond hands YOLoing and holding onto memecoins suffered great losses during the bear market as many users suffered great losses.

Fast forward to 2025, the memeconomy has grown to the point that a single meme tweet can pump a memecoin in the market with traders, creators cashing in, and meme accounts with millions of followers generating some revenue. 

Conclusion

The memeconomy has the power to create and shape new narratives for many media outlets, with just a single viral image amplifying a cause. 

Although the memeconomy can be chaotic, it is the people’s unfiltered voice, helping many filter through the noise and false information in the media while creating humour and positive expressions for many. 

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