The '80s iteration was truly a memetic evolution from the days of letter producing when LOL stood for "tons of affection" or "lots of luck." Due to the fact then It is passed through a similar memetic evolution as "meme," observing use as a verb with phrases like "I lol'd." https://geschaftsgrundlagen.de/memecoins-und-die-macht-der-community-wie-virale-trends-den-erfolg-von-kryptowahrungen-vorantreiben/