What Are Meme Coins
What are meme coins, Meme coins are cryptocurrencies inspired by internet memes, jokes, or viral content rather than serious technological innovation. Examples include Dogecoin and Shiba Inu. These tokens often start as community-driven projects with little intrinsic value, gaining popularity through social media hype and influencer endorsements. While many meme coins have limited utility, some evolve to offer real use cases like payment integration or staking. Investors should be cautious, as meme coins are highly volatile and speculative, but they can offer high short-term gains.
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