Chapter 1 - What Are Meme Coins?
IN THIS LESSON
Why People Buy Meme Coins
Entertainment: They’re fun! Buying a coin named “ShibaRocket” beats boring bank accounts.
Big Gains: Stories of DOGE or SHIB turning $100 into $10,000 draw dreamers. (E.g., SHIB’s 2021 pump gave early buyers 1,000x returns.)
Community: Holders join Telegram or X groups, pumping the coin like a team sport.
Low Entry: Most cost pennies, so young investors with $10-50 can jump in.
Warning: 90%+ fail or get rugged (developers vanish with funds).
Bottom line: Meme coins promise moonshots but come with massive risks—know why you’re in.
