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28th March 2024 (12 Topics)

Meme coins

Context

Meme coins, a unique category of cryptocurrencies, have gained significant popularity in the digital currency space.

What are meme coins?

  • Also known as ‘memetic tokens’ or ‘community coins’, meme coins are digital currencies created as a form of satire or humorous tribute to the internet culture.
  • They often feature quirky names, logos, and branding that reference popular memes, jokes, or internet phenomena.
  • Unlike traditional cryptocurrencies such as Bitcoin or Ethereum, meme coins are characterised by their lighthearted and often comedic nature, designed to go viral and be shared widely.

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