Understanding Memecoins: From Internet Jokes to Digital Assets
Memecoins have emerged as a significant force within the cryptocurrency landscape, blending internet culture with digital finance. As of 2024, the memecoin market boasts a capitalization exceeding $127 billion, underscoring their substantial impact(forbes). Memecoins are cryptocurrencies inspired by internet memes, often lacking intrinsic utility but thriving on community engagement and viral trends. Since the inception … Read more