🔵 Ethereum memecoins go viral with $6.4bn traded in February
Trading volumes for memecoins on #Ethereum(ETH) soared by 61% in February from January, reaching over $6.4 billion. Memecoins are cryptocurrencies that draw their inspiration from internet memes, pop culture phenomena, and trends that have gone #viral . The coins hold no inherent value. Instead, their price appreciation is driven by the attention they garner from traders and speculators.
Source
🔵 @Àża 1
