#TradeFiRevolution Meme coins are a type of cryptocurrency whose origin is usually linked to a joke or viral trend on the internet. According to the market analyst at Capitaria Latam, “it bases its creation on an internet trend or a joke by giving it an image. It obtains its value through the inflow of liquidity and communities that support it.”

An iconic example is Dogecoin, one of the first meme coins, which reached a market capitalization of 36.35 billion dollars thanks, in part, to the support of figures such as Elon Musk. “Meme coins are usually backed by popularity on social networks and promoted by influencers,” stresses the head of analysis at GHTrading