Meme coin is also a cryptocurrency inspired by memes or viral images on the internet, often meme coins only take advantage of momentum and have no clear purpose, coin meme prices tend to be unstable, success is often tweeted by famous people or their communities. Some examples of coin memes are Dogecoin, Shiba Inu, Baby Doge, Dogelon Mars, Samoyedcoin, Pepe Coin etc.
Characteristics of Meme Coins
One of the most prominent characteristics of meme coin is that it has a very high supply, so the price per chip of meme coin is very low.
Risks of Investing in Meme Coin
Because meme coins often only take advantage of momentum and are famous for only a short time, so many retail investors lose money, especially when whales often use it to make profits by tweeting.
Characteristics of Meme Coins
One of the most prominent characteristics of meme coin is that it has a very high supply, so the price per chip of meme coin is very low.
Risks of Investing in Meme Coin
Because meme coins often only take advantage of momentum and are famous for only a short time, so many retail investors lose money, especially when whales often use it to make profits by tweeting.
