Key Features of Meme Coins:

1. Origin from Internet Culture

Based on memes, jokes, or social media trends.

Example: DogeCoin was inspired by the Doge meme (Shiba Inu dog).

2. Community-Driven

Their value often comes from community hype, influencers, or social media (e.g., Reddit, Twitter/X).

3. High Volatility

Prices can skyrocket or crash rapidly due to speculation rather than real-world utility.

4. Low or No Utility (at least initially)

Many meme coins have little technical innovation or use case — though some projects evolve over time.

5. Low Entry Cost

Usually very cheap per coin, which can attract new or casual investors.

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📈 Popular Meme Coins:

Coin Origin Symbol Notable Fact

DogeCoin Doge meme (2013) DOGE Endorsed by Elon Musk

Shiba Inu Inspired by DOGE (2020) SHIB "DOGE killer" — ERC-20 token

Pepe Coin Based on Pepe the Frog meme PEPE Viral in 2023

Floki Inu Named after Elon Musk's dog FLOKI Strong community backing

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⚠️ Risks of Meme Coins:

Rug pulls / scams

Hype-driven with no fundamentals

Extreme price swings

Limited regulation or oversight