CRYPTO GLOSSARY

Memecoin

A coin built around a joke, an image or a trend. Its value is driven mainly by demand and speculation.

Memecoin in more detail

Dogecoin was launched on 6 December 2013 by two software engineers, Billy Markus and Jackson Palmer. They built it as a joke about crypto speculation. It has no supply cap: about 5 billion new coins are added every year. In May 2021 its market value briefly passed $85 billion.

FROM LESSON 11 · 4 MIN READAltcoins and memecoins: what you're really buyingAn altcoin is any cryptocurrency other than bitcoin. Learn what a token does and does not give you, and why memecoins are the riskiest corner of the market.Read the lesson

All 128 terms · Checked against the lesson's sources on 8 October 2026.

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