So what exactly are meme coins, and why is everyone and their vicar suddenly getting involved?Meme coins are a type of digital asset based on a meme – usually something that has gone viral online.
From Dogecoin to $Trump: everything you need know about the wild world of meme coins Are they the same as crypto, why has the US president launched one, and who’s really coining it in?
Two days later, it dropped to about $40 – just as incoming first lady Melania Trump launched her own meme coin, $Melania.
Even the pastor at Trump’s inauguration ceremony, Lorenzo Sewell, got swept up in the meme coin frenzy, promoting a $Lorenzo version the same afternoon.
He launched $Trump, a so-called meme coin that fans and speculators could buy in the hopes it would gain value.
