One of the earliest and most notable meme coins is Dogecoin, created in 2013 as a joke based on the “Doge” meme. Since then, numerous meme coins have emerged, including Shiba Inu and Floki Inu.
Recently, President-elect Donald Trump launched a new cryptocurrency called $Trump, which has seen a significant increase in value ahead of his inauguration. The asset’s price tripled from $20 per token to over $70, with at least $24 billion in trading volume as of Sunday morning.
It’s important to note that meme coins often lack clear objectives or substance, making them highly speculative investments. Some regulatory bodies, such as Thailand’s Securities and Exchange Commission, have banned meme coins as part of a crackdown on digital goods with “no clear objective or substance.”
As of January 19, 2025, the meme coin market continues to be dynamic, with new coins emerging and gaining popularity rapidly. However, potential investors should exercise caution due to the high volatility and speculative nature of these assets.
