#MEMEAct A memecoin is a type of cryptocurrency that draws its inspiration from internet memes, characters, celebrities or trends. These digital currencies are generally created with a sense of humor, often associated more with entertainment than with practical utility.Meme coins generally work the same way other cryptocurrencies work: An individual or group conceives of and creates a token, usually on an existing blockchain, and begins marketing it. For example, Solana and Base were the most popular blockchains used by meme coin creators in 2024.2