Hey kids! Have you heard about memecoins? They're like cryptocurrencies based on internet jokes and trends. Recently, a new memecoin called $Trump zoomed to a $14.5 billion value, then crashed! Another memecoin, Dogecoin, went up 150% after a tweet. It's exciting, but also risky!
- Memecoins are cryptocurrencies based on internet memes and jokes.
- Their prices can go up and down super fast.
- Some people make lots of money, others lose money quickly.
- It's important to be careful and not invest more than you can afford to lose.
Memecoin | Peak Value (USD) | What Happened |
---|---|---|
$Trump | $14.5 billion | Rose quickly, then crashed |
Dogecoin | N/A | Rose 150% due to news |