What is a Meme Coin?
The short answer
A cryptocurrency whose value is driven largely by community attention and internet culture rather than a specific technical purpose.
Dogecoin and Shiba Inu are well-known examples. Not automatically a scam — see our “Is Dogecoin a Scam?” explainer — but typically far more speculative and sentiment-driven than established coins.
Related terms
Full glossaryHardware Wallet
A small physical device that stores private keys completely offline.
Market Cap
A coin's price multiplied by how many coins exist — a rough measure of overall size.
KYC (Know Your Customer)
The identity verification process required by regulated exchanges before you can trade.
Wallet
Software or hardware that holds your private keys and lets you use crypto — not a place coins…
All-Time High (ATH)
The highest price a cryptocurrency has ever reached.
HODL
Crypto slang for holding an asset long-term rather than trading it, originating from a famous misspelling of "hold."
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