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Meme Coin Meaning

A cryptocurrency that derives its value and identity from an internet meme, social joke, or pop-culture reference, rather than a specific technical use case. The most famous example is Dogecoin, which was originally created as a joke to parody the serious nature of Bitcoin.

Meme coins are driven by community sentiment and viral marketing. Their price is often untethered from traditional financial metrics and can skyrocket or collapse based on a single tweet from a celebrity.

While many dismiss them as gambling, meme coins are powerful tools for onboarding new users into the ecosystem because they are approachable and fun.

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