Meme coins often exhibit extremely high volatility, and their price trends are heavily influenced by community dynamics. Once they gain recognition from online communities or trigger "fear of missing out" (FOMO), they can quickly surge in popularity, skyrocketing in interest.

Additionally, another notable characteristic of meme coins is that they often have huge or even unlimited supply. For example, Shiba Inu (SHIB) has a total supply of up to 1 quadrillion tokens, while DOGE has no maximum supply set, but its circulating supply has already exceeded 100 billion tokens.

Given that meme coins generally lack token burn mechanisms, the large supply directly results in their relatively low price levels. With just 1 dollar, investors can easily purchase millions of meme tokens.

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