The speculative market for cryptocurrencies and memecoins is a fascinating and complex phenomenon. Memecoins, such as Dogecoin and Shiba Inu, are cryptocurrencies that originate from internet memes or popular themes. Although many of these coins started out as jokes, they have gained popularity and value thanks to active communities and celebrity endorsements.

The main features of the memecoin speculative market:

High volatility: Memecoins often experience extreme price fluctuations due to their speculative nature and lack of long-term utility.