Meme Coin Is The Next Big Thing In Cryptocurrencies

It's easy to forget that there are different kinds of digital currencies given the rise in popularity of Bitcoin and other cryptocurrencies. Meme coin is one of them; it's a relatively new cryptocurrency that's gaining traction.

Meme coins aim to innovate and set themselves apart from existing cryptocurrency models. They have their roots in the past in memes, which are basically pictures or jokes. They stand in for money in this instance, money that may be exchanged.

Although meme coins have been available for a while, their first practical use was in the creation of the High Times Cannabis Cup 2018, a cannabis event in Canada.

The idea is straightforward: the designers created Memecoin, a cryptocurrency, by using the iconic graphic from 4Chan. It was developed by the Memetic Research Foundation (MRF), an anonymous organization.

Why therefore create your own meme currency? There are primarily two causes for this. 1) To profit from jokes; 2) To generate conversation about your new endeavor thus