What exactly are meme coins and why are they popular?

Meme coins are cryptocurrencies inspired by internet jokes or trends. They often start as a fun project without serious purpose, yet some, like Dogecoin, have gained significant attention and market value. Their popularity largely comes from social media buzz, celebrity endorsements, and viral community support. Unlike Bitcoin or Ethereum, they don’t solve real-world problems but create a sense of fun and belonging https://rocketranker.co.uk/all-about-meme-coins/. For many people, investing in meme coins is about participating in a larger online community and enjoying the hype, which makes them trendy despite their volatility.