What is meme coin

[Magnus2022]

Meme coin started making waves around 2013. It simply a fun alternative to mainstream coins. It is usually depicted with animal characters. A good example of meme coin is Dogecoin and Shiba inu. Initially, most meme coins don't have real value but now there are a lot of such coins that are traded on cryptocurrency exchange.
A lot of meme coins have turned to be scam and have farnished over night. Therefore, before investing in meme coin make you research very well.

 

[Starmix]

Dogecoin is so famous now that is used by Musk on the Twitter image, a doggie called Dogecoin. People reacted. They liked to see doggie wth wings hehehe. Animal memes are now becoming popular in businesses.

 

[riberet19]

A memecoin we can say that it is a coin that was born by a meme or without wishing to be anything serious, for example we could put in this bag to Dogecoin that is the most famous of all or shiba inu, although today there are many of them.

 

[Bango]

It is true. Friends gave the necessary explanations. These coins can sometimes have the most profit and reverse. Sometimes they can turn all your money into zero. You should be careful to invest in them

 

[Bisolami]

Meme coin started making waves around 2013. It simply a fun alternative to mainstream coins. It is usually depicted with animal characters. A good example of meme coin is Dogecoin and Shiba inu. Initially, most meme coins don't have real value but now there are a lot of such coins that are traded on cryptocurrency exchange.
A lot of meme coins have turned to be scam and have farnished over night. Therefore, before investing in meme coin make you research very well.

I also heard about this coin from someone but I was doubting it if it will be real

 

[eldavis]

Yes i have heard about meme coins before, the reason why most people do not invest in meme coins is due to the fact that meme coins in most cases turn out to be scam.

 

[Bisolami]

Yes i have heard about meme coins before, the reason why most people do not invest in meme coins is due to the fact that meme coins in most cases turn out to be scam.

Those coins do not last for a long time so it is risky to invest in them

 

[Suba]

In my opinion, even though memecoin works like other cryptos with blockchain using smart contracts but meme coins often appear to take advantage of the momentum, it has no purpose, the price is unstable, the supply is unlimited, its success is often determined by tweets of famous people, the popularity of the coin from endorsements community.