New Crypto
Friday, 7/3, 10:44 PM
What Is a Memecoin? The Internet-Joke Tokens That Became a Multibillion-Dollar Gamble
- Memecoins are cryptocurrencies built on jokes, mascots and internet hype rather than technology or cash flow.
- Some have briefly been worth tens of billions of dollars.
- Understanding what they are — and why they're among the riskiest bets in finance — matters as they keep making headlines.