What is a Meme Coin? Meme coins are cryptocurrencies inspired by Internet memes, jokes, and satire. They have meme-inspired branding, logos, and names and are often not designed to have any specific use cases. Such coins bank on community participation, humor, virality, social media trends, ...
A meme coin is a type of cryptocurrency that is created and designed around a popular internet meme or viral concept. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, meme coins often have no intrinsic value or underlying technology. They are typically created as a form of digital cu...
There are probably thousands of meme coins out there, and a new one is being created every day. However, there are a few that have managed to stand the test of time or have exploded into the mainstream in a way that has cemented their place as a big meme coin. Here are three example...
1. BTFD Coin (BTFD): The Future of Meme Coins BTFD Coin is turning heads for all the right reasons. Its name—short for “Buy The Dip”—is a rallying cry for crypto enthusiasts who know that every dip is just another opportunity to buy low and watch their portfolio ...
Most popular meme coins Regardless of their lack of utility or use cases, some meme coins are worth billions of dollars. One of them, DODGE, is among the top 10 cryptocurrencies with a market cap of over $7 billion. The top four meme coins are DOGE, SHIB, PEPE, and FLOKI. ...
Supply is limited — but the limit is one quadrillion Unlike many meme coins, Shiba Inu does place a limit on how many cryptocurrency tokens can be minted — but that limit is high. Shiba Inu has a total supply of one quadrillion. The extremely high number of SHIB coins in circulation ke...
While all meme coins leverage virality to some extent, PEPE has the added advantage of being based on one of the most popular memes of all time. Given its lack of use cases, some have argued that its status as a meme token is the sole reason for its success. Either way, its runaway...
its fair share of critics. After all, the market is highly volatile, unregulated, andrife with cybercriminals. So, the enthusiasm that some feel towards cryptocurrency, and the hoards of cash they invest in it, can become something of a joke. This is often what gives way to meme coins....
fromIBMandAdobein 2013, inspired by the viralDoge memefeaturing a Shiba Inu dog. Despite this, the coin quickly gained popularity, especially among those who found Bitcoin too serious or inaccessible. Several meme coins have developed as derivatives of Dogecoin, but none have gained as much ...
coins claim to have uses (called utility) and point to the fact that they are accepted by some merchants. Many meme coins can be converted to fiat currency because they are listed on a centralized exchange, and therefore have a market value. However, this is not utility; it is ...