ERC-20 Meme Coin: What They Are, Why They Crash, and Which Ones Actually Move

When you hear ERC-20 meme coin, a type of cryptocurrency token built on Ethereum using the ERC-20 standard, often created as a joke with massive supply and no utility. Also known as Ethereum meme coin, it’s the digital equivalent of a viral TikTok trend—loud, chaotic, and surprisingly sticky for some. These aren’t investments. They’re bets on attention. You won’t find a team, whitepaper, or roadmap. Instead, you’ll see a token with 1 quadrillion supply, zero taxes, and a logo of a dog, a cat, or a cartoon poop. And yet, people still trade them. Why? Because in crypto, hype can move markets faster than fundamentals ever could.

The real magic—and danger—is in the ERC-20 token, a technical standard that lets developers create tokens on Ethereum that work with wallets, exchanges, and DeFi apps. It’s the plumbing behind every meme coin. Without ERC-20, you couldn’t buy POOH or RYU on Uniswap. But not all ERC-20 tokens are created equal. Some, like Gelato’s GEL, automate DeFi tasks. Others, like DOLZ or RYU, exist purely to be traded. The ones that stick around? They usually have locked liquidity, renounced contracts, or a community that refuses to let go. The ones that vanish? They’re the ones with open owner keys, no audits, and a supply so big it’s practically meaningless.

Then there’s the zero-tax crypto, a meme coin that charges no buying or selling fees, making it easy to pump and dump. It sounds like a gift—no fees, no barriers. But in reality, it’s a trap. No taxes mean no built-in selling pressure, which lets whales buy big and dump fast. That’s why POOH and RYU both have 420.69 trillion or 1 quadrillion tokens—they’re designed to be bought by the crowd and sold by the insiders. And because they’re on Ethereum, they’re easy to access, but also exposed to gas spikes, network congestion, and rug pulls that happen in minutes.

You’ll find posts here about coins like POOH, RYU, and others that look like jokes but have real trading volume. Some are dead. Some are still alive. None are safe. But if you’re curious why people still chase them, or how to spot the difference between a meme coin with a pulse and one that’s already buried, this collection gives you the unfiltered truth. No fluff. No hype. Just what’s actually happening with these tokens—before you send your money into the void.