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\In simple terms, a memecoin is a type of cryptocurrency inspired by or promoted using a popular internet meme. But there's a bit more to it than. Meme coins are cryptocurrencies, like Bitcoin or Ethereum, that pay homage to a meme, which is an interesting or funny idea captured in an image, video, or. Meme coins are cryptocurrencies, just like Bitcoin or Ethereum. However, what makes meme coins special is the fact that they originated as internet jokes.
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