Chapter 1 - What Are Meme Coins?
IN THIS LESSON
Meme Coins vs. “Real” Crypto
Utility: Bitcoin (store of value) and Ethereum (smart contracts) have uses; meme coins usually don’t.
Price Drivers: Meme coins spike on hype (e.g., a celebrity tweet), while BTC/ETH tie to broader markets.
Risk: Meme coins are more volatile—pumps can hit 1,000% in a day, dumps can wipe 80% overnight.
Example: Compare Solana (a legit blockchain) to Bonk (a Solana-based meme coin)—one builds tech, the other rides memes.
Takeaway: Meme coins are the crypto casino—fun, but don’t bet the farm.
