What are meme coins? Meme coins are cryptocurrencies inspired by internet memes, jokes, or viral content, often created more for fun than functional utility. Unlike traditional crypto projects with serious use cases, meme coins like Dogecoin or Shiba Inu gain popularity through community support, social media trends, and celebrity endorsements. They are typically highly volatile and speculative, with low entry barriers for developers and investors. Despite their lighthearted origins, some meme coins achieve significant market value, attracting both casual and risk-tolerant traders in the crypto space.