A meme coin is a cryptocurrency inspired by internet culture or jokes, often with little underlying utility, such as Dogecoin or Shiba Inu.
Meme coins rise on community enthusiasm, social media hype and celebrity attention, often producing dramatic but short-lived price spikes.
Low prices and the chance of outsized gains attract retail investors hoping to catch the next big run.
Most meme coins have no real use case, low liquidity and extreme volatility. Many lose nearly all their value, and some are outright scams.
If you choose to speculate, only risk money you can afford to lose, and treat meme coins as gambling rather than investing.
Meme coins are high-risk, high-volatility bets driven by hype. Proceed with extreme caution.