What is a Meme Coin?

In my opinion, meme coins are crypto coins inspired by social media memes and supported by specific communities.

These days, meme coins are more popular than mainstream cryptocurrencies.

2021 was a year of many things in the crypto market. We saw decentralized finance (DeFi), non-fungible tokens (NFTs), and so more. But, we also saw a lot of meme coin investing.

Volatile Nature

Volatility is always a major concern in cryptocurrency and these meme coins are even more volatile than…
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