Meme Coin Definition:
Meme coins are cryptocurrencies inspired by internet memes, often characterized by their community-driven nature and volatility.
What Are Meme Coins
Meme coins (or memecoins) are a category of cryptocurrencies that have gained popularity due to their association with internet memes and viral trends. Originating from the playful and humorous nature of the internet, these coins often start as jokes or parodies of more serious cryptocurrencies like Bitcoin or Ethereum. Dogecoin, created in 2013 as a lighthearted take on the popular Shiba Inu meme, is perhaps the most well-known example of a meme coin, showcasing how community engagement and social media can drive the value and popularity of these digital assets.