What is Memecoin, Why Did It Become So Popular?
Memecoins are cryptocurrencies that originated from internet culture and are generally created for "joke" purposes.
The first example is Dogecoin, which was inspired by an internet meme.
However, over time, large communities formed, and some memecoins reached a market value of billions of dollars.
🔑 Their Powers: Community + Hype + Social Media