What does meme mean?

What does meme mean? Introduction is as follows:

Meme currency is a cryptocurrency, inspired by meme culture or jokes on the Internet and social media. The first meme coin created was Dogecoin(DOGE). DOGE was launched on 20 13. As an imitation, it was inspired by Doge Meme, a popular Japanese Shiba Inu.

Meme coins are often very unstable. They are mainly driven by the community, because of the recognition of the online community and FOMO, they can become popular overnight. However, when investors turn their attention to the next meme, their prices may fall unexpectedly.

Another feature of memes is that they usually have a large or unlimited supply. For example, the total supply of SHIB is 1 000 trillion tokens, while DOGE has no maximum supply, but there are already more than 1 000 billion tokens in circulation. Because meme tokens generally have no mechanism to destroy coins, the huge supply forms its relatively low price. You can buy millions of meme tokens for only 1 USD.

Overview of popular meme coins

In the meme money market, Dogecoin(DOGE) and Shibainu (Shibai Nu) have the highest market value. After the success of DOGE and SHIB, a large number of dog-themed memes entered the market in the second half of 20021,attracting many people, but we still need to be cautious.