The Rise of Cryptocurrencies with Memecoin Motivated by the Internet Memecoins are cryptocurrencies that are often created as humorous or community-driven projects, and they are derived from internet memes. Generally speaking, they lack the technical innovation and robust usefulness of Ethereum or Bitcoin. Notable instances include Dogecoin, which was based on the Shiba Inu meme, and Shiba Inu (SHIB), which profited even more on the craze. Celebrity endorsements, social media hype, and their appeal as amusing investments are the main sources of revenue for memecoins. Despite the fact that they have made some investors millions, their high volatility and speculative nature pose significant risks. Memecoins demonstrate how online culture may affect financial systems by fusing humor with the erratic world of cryptocurrency. Prudence is advised when investing.