$USDC USDC Meme coins often thrive due to enthusiasm on social media and the backing of influential figures or communities. Their value can skyrocket when they gain attention, but they also face the risk of a rapid decline. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, meme coins generally lack intrinsic value or a clear use case. Investors are drawn in by the potential for quick profits, but it is essential to approach them with caution due to their unpredictable nature. Always research thoroughly and avoid investing more than you can afford to lose, as their success often depends on trends rather than growth.