Memecoins
Crypto without tech fundamentals, based on community and internet memes.
Memecoins (DOGE, SHIB, PEPE, WIF, BONK): community speculation. No utility = value from hype, viral marketing. 100x in weeks or -99% in day. Appear late in bull = top signal. Risks: rug, whale manipulation, illiquid. For experienced, small capital.
In plain words
Crypto with no real utility, based on community hype and memes (DOGE, SHIB, PEPE, WIF, BONK). Can 100x in a week or -99% in a day. Usually pump late in the bull. Often a signal the cycle top is near. Treat like casino, not investment.
Example
PEPE: Apr 2023→Dec 2024 = 1000x ($1→$1000). WIF: 200x in 6 months. BONK: 100x in 3 months 2023. But 95% of 2021 memes worth <1% of peak today.
Also known as: memecoiny, memes, meme tokens