As #memecoins have generated quite a buzz in the cryptocurrency universe, and this is not by chance. Famous for their volatile nature, these coins often start out as jokes or puns, often based on memes or web trends.
Unlike more established coins, like Bitcoin and Ethereum, which have clear goals and a long-term purpose, the #Memecoins🤑🤑 are known for lacking concrete fundamentals or an applicable and lasting use in the market.
Even so, coins like #dogecoin (DOGE), #shiba inu (SHIB), and #pepecoin🐸 (PEPE) have gained notoriety, and stories of exponential profits from investments in memecoins are not rare. $BTC
BTC
90,310.1
-2.07%
BNB
887.29
-0.32%