Why Meme Coins Are Popular in the Crypto Market

Meme coins like Dogecoin and Shiba Inu have gained massive popularity due to their viral appeal, community support, and low entry cost. Often backed by celebrity endorsements or social media hype, these coins attract investors looking for quick gains or just to be part of the fun. Unlike traditional assets, meme coins are community-driven, giving investors a sense of participation and belonging. Their low price allows new investors to own large amounts of tokens, creating a feeling of potential wealth. Although highly speculative, the excitement and influence of online communities keep meme coins a notable force in the crypto market.