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Meme Coins

    Dogecoin and Shiba Inu are just two examples of well-known meme coins. A type of cryptocurrency inspired by an Internet meme made popular through social media. The year 2021 ended with more than 250 meme coins available on the market. Many of them are created as a joke and are not expected to hold a great amount of value. Nevertheless, they have the potential to draw the attention of media influencers and many investors, which can increase their value. One significant thing to keep in mind when considering investing in meme coins is that they are generally not essential to supporting other technologies and lack the scarcity of other cryptocurrencies.

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