Meme coins: Humour or market manipulation?
Edited By WION Video Desk
Published: Feb 12, 2025, 13:05 IST | Updated: Feb 12, 2025, 13:05 IST
A memecoin is a type of cryptocurrency that originates from an internet meme, joke, or viral trend rather than a serious technological or financial purpose. Unlike mainstream cryptocurrencies like Bitcoin or Ethereum, which have strong use cases and ecosystems, memecoins often rely on community hype and social media influence for their value.
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