What Is a Memecoin

A memecoin is a digital token that grows out of internet culture. It can start as a joke, a meme, or a shared idea online, and gain attention as more people notice, talk about it, and take part. Memecoins are shaped more by community energy and momentum than by traditional business fundamentals.

Characteristics

Unlike stocks or traditional investments, memecoins usually don’t represent ownership, profits, or a company. Their value, if any, comes from collective interest and can change quickly based on trends, sentiment, or attention. Because of this, prices can move with high volatility.

Memecoins are open and permissionless. Anyone can participate, regardless of background, location, or experience. There are no gatekeepers deciding who can join. Participation is voluntary, and each person decides how involved they want to be.