What is Memecoin?

Memecoin meaning and Memecoin definiton

Memecoins are mostly associated with Dogecoin, the first cryptocurency that used a meme to get some awareness. A memecoin is a joke that turns into a crypto coin, most of the time with a high market capitalization. Garlicoin, another funny memecoin confirmed that.

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This cute dog became the mascot of digital coin Dogecoin. Taking up the popular internet meme of the Shiba Inu, the dog associated with misspelling word "doge", the creator envisioned the cryptocurrency to be a friendly online payment system.

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