Explainer: What are meme coins and should you add them in your portfolio?

Meme coins, a unique category of cryptocurrencies, have gained significant popularity in the digital currency space. These coins trace their origin to the growth of meme culture on the internet. Often lacking in any real underlying value, these coins have seen massive price fluctuations in the past and crypto traders have burnt their fingers due to their highly volatile nature

What are meme coins?

Also known as ‘memetic tokens’ or ‘community coins’, meme coins are digital currencies created as a form of satire or humorous tribute to the internet culture.