This Shiba Inu-themed coin, created as a joke in 2013, became the “granddaddy” of meme coins.
What is Dogecoin?
Meme coins often emphasize this internet mantra: “We like the coin… and we’re never doing this.
What is selling?
Meme coins first gained serious mainstream attention during this crypto bull run year.
What is 2021?
Many meme coins lack this fundamental aspect of serious projects.
What is utility/use case?
Diamond Hands” refers to someone who does this in the face of losses.
What is holding?
Marketed as the “Dogecoin killer,” this coin uses the Ethereum network.
What is Shiba Inu (SHIB)?
This phrase means you’re holding your crypto no matter what.
What is HODL?
This billionaire CEO of Tesla is often credited with driving meme coin hype.
Who is Elon Musk?
A “rug pull” happens when this group suddenly sells and abandons the project.
Who are the developers?
This phrase is used when a coin is going “to the moon.”
What is “moon” or “mooning”?
Elon Musk often tweets about this lesser-known Dogecoin spinoff named after his pet.
What is Floki Inu?
This internet meme of a dog in a burning room saying “This is fine” often represents crypto
What is “This is fine dog”?
Meme coins usually start with this, instead of deep technical innovation.
What is a joke or internet meme?
Meme coins often suffer from this type of sudden market crash due to hype cycles.
What is volatility?
A crypto “whale” refers to someone who has this.
What is a large amount of coins?
This coin briefly surged when Twitter rebranded its logo to a Shiba Inu.
What is Dogecoin?
In meme coin communities, “WAGMI” stands for this optimistic phrase.
What is “We’re All Gonna Make It”?
This Dogecoin moment occurred when it reached $0.69, driven by online memes.
What is Doge Day (April 20, 2021)?
This type of scam involves influencers hyping a coin, only to sell immediately after launch.
What is a pump-and-dump?
Paper Hands” refers to someone who does this too quickly.
What is selling?
This dog coin brand had an official McDonald’s collaboration in China.
What is Floki Inu?
Pepe the Frog became the face of this meme coin launched in 2023.
What is PEPE?
Meme coins have been compared to this type of historical market craze involving tulips.
What is Tulip Mania?
Meme coins may have this common problem, making it difficult for holders to cash out.
What is low liquidity?
The phrase “rekt” in crypto means this.
What is suffering huge losses?