Meme coins are cryptocurrencies inspired by internet memes or social media trends rather than real utility or fundamental technology, and their value is driven mainly by hype and online community engagement.
They tend to be highly volatile, with prices capable of skyrocketing or crashing within hours based on sentiment alone.
Most meme tokens lack intrinsic utility and have limited liquidity, making trading risky and speculative, often akin to lottery‑style bets.
Big names like Dogecoin and Pepe have dominated interest and market cap historically, but smaller meme tokens can surge and fade quickly.
Regulatory clarity is evolving; in the U.S., regulators have noted that meme coins typically aren’t considered securities due to lack of earnings or rights to profits.
Traders monitor key psychological levels and social buzz more than fundamentals — meaning price action reflects mood more than metrics.
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