#MEMEAct Meme coins are making waves in the cryptocurrency space, captivating millions worldwide with their humorous and often viral nature. These digital tokens, inspired by internet memes and trends, have evolved beyond their origins as jokes. Some meme coins now offer real-world value with features like staking, NFTs and decentralized finance (DeFi) tools. Examples include ¹:

- *Popular Meme Coins:*

- *Dogecoin (DOGE)*: Known for fast transactions and low fees, with a huge fan base on Reddit and Twitter.

- *Shiba Inu (SHIB)*: Offers a decentralized exchange called ShibaSwap and has a growing ecosystem with NFTs.

- *PEPE Coin*: Focuses on community engagement and staking options, gaining popularity through social media buzz.

- *Key Factors:* Social media power, celebrity endorsements and low entry costs contribute to their growth. However, meme coins come with risks like volatility and lack of regulation.