Chapter 1 - What Are Meme Coins?
IN THIS LESSON
The Meme Coin Origin Story
Meme coins are cryptocurrencies born from internet jokes or viral trends, not serious tech projects.
Example: Dogecoin (DOGE) started in 2013 as a parody of Bitcoin, inspired by the “Doge” meme—a Shiba Inu with funny captions. Elon Musk tweets made it explode!
They’re driven by hype, community, and FOMO (Fear Of Missing Out), not traditional “value” like stocks or utility coins (e.g., Ethereum).
Fun Fact: Over 1,000 meme coins exist today—most are worthless, but a few hit the jackpot.
Bottom line: Meme coins are a wild, speculative ride fueled by culture, not fundamentals.