Meme coins are a type of cryptocurrency that often originate from internet jokes or memes, but can sometimes gain popularity and value due to public interest, celebrity endorsements, or viral social media trends. Unlike traditional cryptocurrencies, meme coins typically donโt have a strong use case or long-term roadmap, instead relying on internet hype and culture to drive their value.
Important examples include
Dogecoin (DOGE): Originally created as a parody of Bitcoin, but gained widespread attention thanks to its community and support from public figures such as Elon Musk.
Shiba Inu (SHIB): Another dog-themed coin inspired by Dogecoin, often referred to as a โDogecoin killer.โ
Meme coins can be very volatile,
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