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A meme coin is a cryptocurrency that is based on a meme or that was created as a joke in much the same way as a meme. The term meme coin can also refer to a unit of such a cryptocurrenc. Meme coins are often collected or traded by people who simply want to be part of the joke, but, like other cryptocurrencies, they are sometimes treated as investments whose value can increase sharply along with popularity. In general, cryptocurrencies are generally considered highly volatile, and meme coins are seen as particularly prone to such volatility Dogecoin, Shiba inu, FLOKI, Dogelon, etc all these coins are meme coins. The first two coins grabbed a very high level of attention in the crypto industry because of the shoutout and support of Elon Musk’s tweets, since the end of last year. Because of the sudden surge in the price of these meme coins, many news websites took advantage of this popularity to get traffic
