Memecoin is a cryptocurrency that is primarily based on the crude and interesting content created by popular internet memes. Examples include Dogecoin and Shiba Inu. Memecoins can be used as an investment like other cryptocurrencies, but they have also gained interest from many people for other reasons.
Memecoins are an internet trend that can be created for fun and easily by broadcasters and users, so prices tend to fluctuate rapidly and erratically, unlike other cryptocurrencies.
