#MileiMemeCoinControversy

Meme coins are cryptocurrencies that originate from internet jokes, memes, or viral trends. Unlike traditional digital assets like Bitcoin or Ethereum, meme coins often lack a strong technological foundation or specific use case. However, they gain value through community engagement, social media hype, and celebrity endorsements.

Dogecoin (DOGE), created in 2013 as a parody of Bitcoin, was the first meme coin and remains one of the most well-known. Since then, many others have emerged, including Shiba Inu (SHIB), Pepe, and Floki. These coins are often highly volatile, with prices fluctuating based on speculation rather than utility.

Despite their unpredictable nature, some meme coins evolve into more structured projects, offering staking, decentralized finance (DeFi) applications, or NFT marketplaces. While many investors see them as short-term speculative assets, meme coins continue to play a significant role in the cryptocurrency market, showcasing the power of online communities and viral marketing.