#meme币狂欢 Recently, many 'dog coins' have been flying on the BSC chain, mostly meme coins. Playing narrative and hype strategies, a typical meme play, indeed feels great! What is a meme?

Meme coins, also known as meme tokens, are cryptocurrencies based on internet cultural phenomena. Here is an introduction to it:

Origins and Development

Meme coins originated from Dogecoin (DOGE), which was launched in 2013. It was initially a joke project created by programmers Billy Markus and Jackson Palmer to mock the speculation surrounding Bitcoin, symbolized by a Shiba Inu meme. With the promotion of the 'Doge Army' community, Dogecoin's influence and value increased. Later, coins like Shiba Inu (SHIB) and PEPE tokens emerged, and in 2021, the meme coin market gained attention, with meme coin trading volume surging by 950% in 2024, reaching a total market capitalization of $140 billion.