This story was originally published on HackerNoon at:
https://hackernoon.com/why-your-memecoin-could-get-institutional-investment.
Memecoins are, well, coins based on memes —Internet jokes. And yes, companies are investing on them. Your own memecoin could be the next one!
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Memecoins are coins based on memes, with most of the same features as Bitcoin or Ether. Dogecoin and Shiba Inu are among the most popular memecoin coins. There are now over 2,694 memecoins in the space, with a total market cap of over $37 billion.