Definition ∞ Meme coins are cryptocurrencies that originated from internet jokes, memes, or social media trends. Their value is often driven by community sentiment and speculative interest rather than underlying technological utility or fundamental economic principles. They represent a distinct category within the digital asset landscape.
Context ∞ The current discussion surrounding meme coins frequently focuses on their extreme price volatility and the speculative bubbles they can create. A significant debate concerns their classification and the potential for regulatory scrutiny. Future developments to watch include the evolution of community-driven governance models for these tokens and their long-term sustainability beyond initial hype cycles.
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