#MemecoinSentiment
A meme coin is a type of cryptocurrency inspired by internet jokes, memes, or pop culture. Unlike traditional coins like Bitcoin, meme coins often start as fun projects without serious utility. However, they can gain popularity quickly through social media hype, celebrity endorsements, or viral trends. Notable examples include Dogecoin and Shiba Inu. These coins are highly volatile, and their value often depends more on community support than on real-world use. While some investors make quick profits, meme coins are considered risky and speculative. Always research before investing in them.
