#memecoin As “meme coins” are cryptocurrencies created from memes or with humorous characteristics, such as Dogecoin and Shiba Inu. Although popular, these coins are often seen as high-risk investments due to their volatility and lack of solid fundamentals. Recently, the U.S. Securities and Exchange Commission (SEC) declared that meme coins do not qualify as securities, as they do not generate earnings or grant rights to future profits.