Meme Coin Crypto Guide

Crypto casinos accept meme coins, and that’s just the world we live in. Tokens which seem like a complete joke have somehow found their way into the list of deposit methods at some of the top casinos in the world. It might all seem a little absurd – until you dig into some of the benefits.

Here’s everything you need to know about meme coin casinos.

What Is a Meme Coin?

Before we explain what a meme coin is, we should explain what a meme is.

A meme is a joke shared over the internet which catches on and spreads among a group or community. Most commonly, this will be an image or video. It could be an expression which really resonates (confused Nick Young), a reaction that captures the zeitgeist (“This is Fine”), or a stupid video which launches a relatively obscure person into fame:

In other words, a meme is internet humour at its most silly. A meme coin is the same thing, but for crypto specifically.

Meme coins will often have little in the way of utility, often copying almost all code from an existing coin, but with a kooky angle which piques the interest of a certain community. This could be a funny picture of a dog, an in-joke, or something that appeals to anti-establishment communities, such as WEEDCOIN (subtle stuff, guys).

The most famous meme coin is Dogecoin (DOGE), which is a top-10 coin by market cap. Even before he took over X, Elon Musk used the platform to promote DOGE which helped take it to its current, quite ridiculous market cap. He even worked in the Department of Government Efficiency, or DOGE, before his relationship with President Trump hit the rocks.

Meme Coins vs Altcoins vs Bitcoin

Meme coins are stupid. There’s no denying it. And they’re also potentially damaging to the crypto community as a whole. If you’re trying to convince your colleague to invest in crypto, and the first thing they see is a coin with a picture of Pepe the Frog (PEPE), you’d understand if they laughed in your face.

But meme coin casinos actually have some distinct advantages over BTC and other coins.

First off, a meme coin can use any network or code it likes. Bitcoin transfers take around 5m 48s on average. But meme coins like $TRUMP are built on the Solana network, significantly increasing the transfer speed.

They’re also an excellent choice if you already own a particular coin and have recently enjoyed a bit of a windfall. For example, let’s say you got into Eggdog, a coin based on an egg-shaped dog (Jesus Christ, how did I end up writing this sentence?) back on 15th December, 2023, when the price was $0.00003558.

By Boxing Day, the price had increased to $0.01628 – an increase of 45,656%. Ridiculous stuff. With such insane gains in such a crazy-short period of time, you’d want to secure some of those profits. But you certainly can’t walk into your local supermarket and ask if they accept $EGG.

Because the best crypto casinos are some of the only places to currently accept meme coins, it seems like a natural fit to use quickly made profits from meme coins on crypto slots and other games.

Meme Coins at Crypto Casinos

It’s only very recently that meme coins have begun to pop up at crypto casinos, but it’s becoming increasingly common. Many of the crypto casinos we review now feature DOGE as standard – a coin which started as a fringe token but has now cemented its place in the crypto top 10.

New crypto casinos especially are very accommodating of meme coin deposits, as it’s a way for them to stand out from the crowd and attract new players.

You can see a list of accepted currencies in our crypto casino reviews. Another way is to sign up and check the cashier section, where there’ll be a dropdown that shows you exactly which meme coins are available at that casino.

Pros and Cons of Meme Coins

Now that you know more about meme coins, let’s check out the main benefits and drawbacks of using meme coins at online casinos: