Key Features of Meme Coins

Community-Centric: The worth of meme coins mostly depends on an active, passionate community. Social media campaigns and efforts made by regular people often contribute to their success.High Volatility: Due to their extremely volatile prices, meme coins are a high-risk, high-reward investment. Their prices can go up or down based on market opinion, viral trends, or popular celebrities’ mentions of them.Low Utility (Initially): Most meme coins develop to provide real-world uses, such as payments, staking, or incorporation into decentralized finance (DeFi) ecosystems, usually starting with limited practical use.Abundance: Meme coins typically have a massive supply, enabling fractional investments and making them accessible to a broader audience.$