What You Need to Know About Meme Coins in Cryptocurrency

First of all, meme coins are cryptocurrencies that gained popularity thanks to memes and jokes on social media. They have never had any technological innovation or serious real-world use behind them. Often, meme coins gain popularity due to 'hype', communities of enthusiasts, or even based on jokes about cryptocurrencies.

Thus, one of the first meme coins was Dogecoin (DOGE), which was created by programmers Billy Markus and Jackson Palmer in 2013. They decided to create a cryptocurrency that would be a joke based on the popular internet meme 'Doge' featuring a Shiba Inu dog photo, accompanied by comedic captions.

As a result, Dogecoin became not only popular among crypto enthusiasts but also gained love among broad segments of internet communities.

Over time, other meme coins started to emerge. They attempted and continue to attempt to replicate Dogecoin's success by attracting attention to their projects. 'Hype' and popular memes are often utilized.