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.