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What Exactly Is A Meme Coin?

Source photo Unspalsh.com

To put it simply, meme coins are tokens inspired by internet memes. However, if the newest token names are any indication, the trend seems to have shifted toward a mix of an old Shiba Inu dog meme and, to a lesser degree, Elon Musk.

Without a question, meme coins are one of the oddest things to emerge from the bitcoin industry. The trend began with Dogecoin and began as a joke. Back in 2013, there was a lot of…

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Coinmonks is a non-profit Crypto Educational Publication. Follow us on Twitter @coinmonks and Our other project —  https://coincodecap.com , Email  — gaurav@coincodecap.com

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