Crypto101
What is a meme coin?
Meme coins or Memes are a kind of cryptocurrency that are frequently made in jest or as a joke of well-known internet memes. They are renowned for being highly volatile, speculative, and easily accessible to investors because of their cheap trading prices. Social media and online trends have the power to suddenly make meme coins popular, which might result in dramatic price spikes. However, because of their reliance on community emotion and lack of intrinsic value or utility, they are regarded as extremely risky investments.
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