Hi guys,
I'm shy black,
A meme coin is a type of cryptocurrency that's inspired by internet memes, characters, or trends:
$MEME #meme
Origin: Meme coins are created using blockchains, like other cryptocurrencies. They're often associated with animated characters or animal meme images.
Purpose: Meme coins are primarily associated with meme culture, rather than having a specific purpose or inherent value. They're generally intended to be fun and light-hearted.
Popularity: Meme coins have seen a recent increase in popularity, largely due to their association with viral internet memes and influential figures.
Price fluctuations: Meme coins are known for being prone to price fluctuations.
Hype: Hype around meme coins is often short-lived and fueled by social media.
Examples: Dogecoin and Shiba Inu are examples of meme coins that have had staying power.