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What are meme coins? Explained

From thestreet.com

Would you invest in something that started as a joke? That’s exactly what millions have done — pouring billions into meme coins, a quirky corner of crypto that has evolved from internet punchlines into market disruptors. But are meme coins smart bets, digital pranks, or something else entirely? Let’s break it down. Dogecoin is the poster child of this trend. Created in 2013 to parody the crypto boom, Dogecoin featured a Shiba Inu dog from a popular meme. But what started as satire exploded into something far more real, with Dogecoin eventually hitting a $90 billion market cap — all thanks to internet momentum and ... (full story)

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  • Category: Fundamental Analysis