GlossaryBeginner
Meme Coin
A cryptocurrency created primarily around internet humor or cultural trends, often with limited utility.
A meme coin is a cryptocurrency created primarily around internet humor, cultural references, or community-driven momentum, generally without significant underlying utility or technical differentiation as its primary value proposition.
Meme coins have historically shown especially high volatility and are commonly associated with elevated speculative risk relative to projects with substantive underlying utility.
Examples
- A meme coin's value is often driven primarily by community sentiment and online attention rather than underlying utility.
- Meme coins have historically exhibited especially pronounced price volatility.