Big news in the world of cryptocurrency! Meme coins, which are digital money based on funny internet jokes, were super popular in 2024. But they also caused a lot of trouble and debate.
- Lots of new meme coins popped up, with people hoping to get rich quick.
- Some people think meme coins are bad for the image of cryptocurrency.
- The "Official Trump" coin was a big example – it lost lots of money for investors.
- A new law might stop U.S. officials from making their own meme coins.
- The government is not regulating meme coins because they're not considered securities.
| Fact | Number |
|---|---|
| Money lost on Official Trump coin | $2 billion |
| People who lost money | Over 800,000 |
| Pump.Fun token price drop | 80% |
