#memecoins

What Is a Meme Coin?

Meme coins are altcoins (cryptocurrencies that are not Bitcoin) named after trends, humorous or fun topics, or anything else someone can think of. They are usually created to engage a community and can be used in peer-to-peer payments, speculative investing, or trading. In many cases, they are accompanied by websites with comical themes, sometimes nonsensical terms, and their creators and fans market a sense of community to attract others

Dogecoin, Shiba Inu, and Pepe are generally the most popular meme coins. By market capitalization, they accounted for more than 67% of the total meme coin market cap on Feb. 20, 2025,

How Meme Coins Work

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.

Most meme coins are usually created without a use case other than being tradable and convertible. They have become popular with cryptocurrency traders on exchanges—daily trading volumes consistently exceeded $6 billion in early 2025.