Meme Coins and Solana

Original slide files are available in the local preview. Public distribution is pending source-material review.

What we covered

Discussed how online attention can drive meme coin prices and why those prices can fall quickly.
Looked at Pump.fun as a way tokens are created on Solana, alongside the risks of speculation.
Brainstormed CBA-themed coin names on paper. This was a concept exercise before the later reported $COLTS launch.
Reviewed meme coin culture, social media hype, and Solana through ten trivia questions.

Optional review questions

Choose an answer to review the meeting material. This quiz checks the presentation’s answer key, not current market knowledge. Historical or ambiguous answers carry notes. Responses are not saved.

1. Which popular meme coin was originally created as a joke in 2013?BitcoinDogecoinSolanaEthereum

Source: Question and answer: PDF pages 7–8

2. What is Pump.fun primarily known for in the meme coin space?Offering free educational resources on meme coinsHosting NFT marketplaces for meme coinsCreating and promoting meme coins with high growth potentialProviding tools for blockchain development

Source: Question and answer: PDF pages 9–10

3. Which blockchain is known for its high-speed transactions and has recently become popular for meme coins?BitcoinEthereumSolanaRipple

Source: Question and answer: PDF pages 11–12

4. Why do many meme coins lack inherent utility?They are only designed for financial stabilityThey are created more for entertainment and community hype than for practical applicationsThey are not based on blockchain technologyThey have limited mining capacity

Source: Question and answer: PDF pages 13–14

5. What role has social media played in the rise of meme coins?It discourages their promotionIt provides a platform for viral sharing and hype-buildingIt provides a crypto wallet for users to buy meme coinsIt enforces regulations on meme coins

Source: Question and answer: PDF pages 15–16

6. Which social media platform is particularly known for driving the popularity of meme coins?FacebookLinkedInRedditTikTok

Source: Question and answer: PDF pages 17–18

7. What was a key reason for Dogecoin’s sudden price surge in early 2021?New technological upgradesSupport and tweets from Elon MuskIntegration with SolanaMajor institutional backing

Source: Question and answer: PDF pages 19–20

8. Which characteristic makes Solana attractive for meme coin projects?Its integration with large banksIts high transaction feesIts low fees and fast transaction speedsIts lack of scalability

Source: Question and answer: PDF pages 21–22

9. Which of the following is true about meme coins like Dogecoin and Shiba Inu in terms of use cases?They are widely used in government-backed projectsThey have limited practical applications compared to coins like EthereumThey are mainly used for scientific researchThey are exclusively mined for charity

Source: Question and answer: PDF pages 23–24

10. What is the definition of a "meme" as it relates to internet culture?A type of digital currency used exclusively for online purchasesA humorous idea, behavior, or piece of media that spreads rapidly online, often through imitation and variationA strict, academic term used for studying online behavior patternsA type of financial asset with inherent investment value

Source: Question and answer: PDF pages 25–26