Meme Coins: Exploring Hype, Risks And Examples
Meme coins are part of crypto coins that have drawn inspiration from famous and viral memes (funny pictures) on the internet. Just like Bitcoin, stablecoins, and other types of crypto coins, meme coins are a subcategory in the crypto market that are made from famous memes on the internet. The growth of meme coins is driven mostly by the internet hype and relatability of memes that they are based on, along with endorsements from influencers. These coins feature cartoonish icons of memes that they are based on and have colorful branding as well.
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