*Meme Coin*
A meme coin is a type of cryptocurrency that originates from internet memes or jokes. These coins often gain popularity through social media and online communities.
Characteristics:
1. *Community-driven*: Meme coins are often driven by enthusiastic communities.
2. *Volatile*: Meme coins can experience significant price fluctuations.
3. *Speculative*: Meme coins are often traded speculatively.
Examples:
1. *Dogecoin*: A popular meme coin inspired by the "Doge" meme.
2. *Shiba Inu*: Another meme coin that gained popularity through community support.
Meme coins can be entertaining and speculative investments, but they often carry significant risks.