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Memecoins are a type of cryptocurrency—a form of digital currency with a wide variety of uses—created around popular 'memes,' or viral internet jokes.

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Additional insights we found via this resource

  1. Dogecoin is perhaps the most famous “memecoin.” It was created in 2013 based on a famous "doge" meme depicting a Shiba Inu dog.

  2. While memecoins tend to be more volatile than other types of crypto (they’re often created due to ephemeral trends), that doesn’t mean they can’t be valuable. Dogecoin is currently one of the most valuable cryptocurrencies in the world, with a valuation of roughly $17B as of early May 2026.

  3. Memecoins are typically built on top of blockchain networks such as Solana and Ethereum.

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