Meme Coins: New Hype in The Crypto Industry

Meme Coins: New Hype in The Crypto Industry


Thousandfold growth, incredible hype on Twitter and Elon Musk – this is how you can briefly describe the situation around the “meme-coins” that has arisen in the crypto space over the past year.

Meme coins are cryptocurrencies that cannot boast of using or inventing any advanced technologies, but they are great at speculating on popular Internet memes and other funny stories.

Various influencers play an important role in promoting meme coins. And for some coins, the main and most important role, as happened with Dogecoin or Shiba Inu, which owe their popularity, explosive growth, and audience to Elon Musk and his shocking tweets.

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The combination of good looks, low price, hype, and lots of advertising on Tik-Tok and Reddit has become a real win for

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