Meme coins, also known as meme cryptocurrencies or meme tokens, are a subset of digital assets that have gained popularity for their humorous or viral nature rather than their underlying technology or utility. These coins often feature quirky names, mascots, and branding inspired by internet memes, celebrities, or pop culture references.

Meme coins typically have low market capitalizations and limited use cases, making them highly speculative and volatile investments. They are often created as a joke or social experiment by developers and communities looking to capitalize on the hype surrounding meme culture and cryptocurrency trends.

While some meme coins have experienced short-term price surges driven by social media buzz and celebrity endorsements, many have also faced criticism for their lack of fundamentals and potential for pump-and-dump schemes. Investors in meme coins should exercise caution and conduct thorough research before participating in these highly speculative markets.

Despite their controversial reputation, meme coins have captured the attention of the crypto community and mainstream media, highlighting the intersection of digital assets, social media, and internet culture in the evolving landscape of decentralized finance.