๐ What Are Meme Coins? Explained Simply
Meme coins like $DOGE, $SHIB & $PEPE arenโt just jokesโtheyโre digital assets driven by community hype rather than technology or utility.
๐ Why They Go Viral:
1. ๐ Massive social media hype
2. ๐ถ Relatable branding (think dogs & frogs)
3. ๐ธ Low price = big perceived upside
๐ But Be Cautious: โ High volatility
โ Easily manipulated
โ Most have no real-world use case
โ Smart Move?
Use meme coins as a small speculative play, not a long-term investmentโand always DYOR.
๐ก Rule #1: Never invest more than youโre okay to lose on a joke.