What are meme coins?

Meme coins, or token projects attached to mainstream society, have turned into a well known piece of the crypto market.

Their motivations range from satire, on account of slapcoin, to tricks, similar to Squid coin. Even more well known tokens like dogecoin (DOGE-USD) began as a web image.

As indicated by CoinMarketCap, meme coins order an almost $18 billion market cap as of May 20.

Over 60% of that worth comes from dogecoin while 35% dwells in Shiba Inu coin (SHIB-USD).

Tesla (TSLA) recorded a belt clasp on its web-based shop, evaluated in dogecoin.

Elon Musk called dogecoin 'a hustle' during an appearance on Saturday Night Live.

Meme coins maintain a special place in the cryptocurrency landscape.