A meme coin is a type of cryptocurrency that is often created as a parody or in reference to popular internet memes. These coins typically gain popularity through social media and community engagement rather than through utility or underlying technology. Meme coins can be characterized by their humorous or meme-inspired branding, and they often rely on influencer endorsements and viral marketing to attract investors. The value of meme coins can be highly volatile, influenced by trends and market sentiment, leading to significant price fluctuations. While some meme coins may gain substantial followings and market capitalizations, many lack serious development or use cases, making them primarily speculative investments. Notable examples include Dogecoin and Shiba Inu, which have gained traction due to their community-driven cultures and humorous origins.
Pepe, a meme coin, faces a downturn but plans a recovery through listings on major exchanges like Coinbase and Robinhood to attract investors. Rollblock revolutionizes iGaming by combining traditional casino…