Meme coins have recently taken over the Internet by storm, and their popularity is only increasing. However, it can be hard for an average person to grasp the concept of a meme coin when it’s connected to intricate topics like cryptocurrencies and macroeconomics. Meme coins are quite different from standard cryptos, from their purposes to their tokenomics. That’s why it is imperative that we not only define meme coins but also discuss how they’re unique from what already exists on the market. What Are Meme Coins? Meme coins are cryptocurrencies that have gained mass popularity in a short period. The
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