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  Meme coins are created as a joke designed to grab the attention of social media users and meme lovers, but gained traction and provide investors with new opportunities to potentially make a quick profit. Online communities are driving the popularity of meme coins, based on popular buzzwords, memes, and tweets by millennials and magnates. The triumph of meme coins can be accredited to their communities driving crypto market demand for these coins. The meme coins are projected to grow exponentially with rocketing expectations among investors in the global crypto community. 1. Shiba Inu: Ready to Skyrocket Shiba Inu (SHIB) is the self-proclaimed rival to Dogecoin (DOGE), and gaining authenticity among crypto enthusiasts. SHIB has recently been moved from Binance’s Innovation Zone, establishing itself as a more secure currency with the potential for long-term growth according to crypto experts. SHIB is one of the most popular assets in Turkey over the previous three mon...

     Memecoins Cryptocurrencies known as meme coins are often inspired by jokes or memes seen on the internet and social media. The first such coin, Dogecoin (DOGE), was created in 2013 as a parody. It was inspired by the popular Doge meme featuring a Japanese Shiba Inu dog. These types of coins tend to be highly volatile. They are mostly used as speculative investments and are not meant to be used as actual currency. The meme economy is rapidly growing. The value of meme coins is up over 12% over last year, while Bitcoin and Ethereum are still down more than 80% over the same timeframe. Why meme coins are so popular? When COVID-19 hit, a lot of people were caught off-guard by the panic that ensued. This included the crypto community, with many altcoins getting severely short-changed in the process. There are a few reasons why meme coins have become so popular. First they’re often seen as a more fun and lighthearted alternative to other cryptocurrencies. Th...