Meme coins are once again back in the spotlight. These community-driven tokens range from the well-known Dogecoin to a constant wave of new contenders, bringing humour and excitement to the crypto market. In this article, we’ll break down five key things to know about meme coins: what they are, their market performance, how traders feel about them, the influence of major exchanges, and how MEXC’s rapid listings and low fees make them a prime spot for meme coin enthusiasts. Let’s dive in to understand what’s fueling this meme coin movement.

1 . What are Meme Coins?

Meme coins are a unique and intriguing segment of the cryptocurrency market. Created from trending internet culture, these coins often leverage humour, memes, and social media trends to gain traction among investors. While traditional cryptocurrencies like Bitcoin and Ethereum focus on utility and technological advancements, meme coins often rely on community engagement and viral marketing to build their value.

The phenomenon began with Dogecoin (DOGE), which launched in 2013 as a lighthearted alternative to serious coins. The Shiba Inu dog, Kabosu, became its mascot, symbolizing the fun and irreverent spirit of the meme coin movement. Today, thousands of meme coins exist, capturing the imagination of investors looking for the next big thing.

In early 2025, Dogeshibainu is gaining attention as a trending meme coin, with discussions highlighting its potential to surpass established tokens like Dogecoin and Shiba Inu. Analysts are predicting significant returns, and the community-driven nature of such coins continues to attract investors looking for the next big thing in the cryptocurrency market.

2. Market Size and Performance of Meme Coins

As of 2024, the meme coin market has witnessed explosive growth. Current estimates suggest that meme coins collectively represent a significant portion of the overall cryptocurrency market, with market capitalizations reaching $60.2 billion in Q1 2024. Popular tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) have consistently ranked among the top cryptocurrencies by market cap, demonstrating their staying power in the market.

In addition to these well-known coins, numerous emerging tokens are making their mark. Here’s a look at some notable meme coins currently being traded on major exchanges:

• NEIRO (NEIROETH_USDT): If you love dogs, you will love NEIRO. They built their foundation on Kabosu’s legacy, catering to the well-being of dogs worldwide.
• DBNU (DBNU/USDT): If your love dogecoin & shibainu coin, you can not ignore the DBNU, which coin listed on Lbank in early January/2025.
• PHIL (PHIL_USDT): Known for its trust and collaborations, PHIL has gained traction as a meme coin with potential for real-world applications.
• APU (APU_USDT): APU is a frog, and it is unrelated to the viral song APT by Rosé. Instead, APU is a kind and naive frog aiming to conquer the cryptosphere with the power of friendship!
• TRUMP (TRUMP_USDT): TRUMP is the MAGA movement on blockchain. Focusing on Politifi, it garnered great community support for the cause of making America great again.

The performance of these tokens varies greatly, but their collective growth indicates a robust interest in meme coins as a viable investment option.

3. How Do Crypto Traders Feel About Meme Coins?

Investor sentiment surrounding meme coins has been a mixed bag. On one hand, the excitement generated by viral trends can lead to rapid price surges, creating opportunities for quick profits. However, the volatility associated with these tokens can also lead to significant losses, making them a risky investment choice.

The role of social media platforms like Twitter and Reddit cannot be underestimated in shaping investor sentiment. Memes, discussions, and endorsements from influencers can propel lesser-known tokens into the spotlight almost overnight. For instance, coins like DBNU (DBNU/USDT) WOJAK (WOJAK/USDT) and MAGAETH (MAGAETH/USDT) have experienced great movements due to social media-driven hype.

Traders are increasingly drawn to meme coins due to their potential for rapid returns, often likening their investments to a game of chance. However, traders must approach this market with caution, as the same factors that drive up prices can just as easily lead to significant downturns.

4. Investment Risks of Meme Coins

Investing in meme coins can be an exciting venture, but it also comes with significant risks that potential investors should be aware of. Here are some key points to consider regarding the inherent risks associated with meme coin investments.

Meme coins are notorious for their extreme price volatility. Prices can skyrocket based on social media trends, celebrity endorsements, or viral memes, but they can also plummet just as quickly. This volatility can lead to substantial gains, but it can also result in significant losses.

• Lack of Fundamental Value: Unlike established cryptocurrencies like Bitcoin or Ethereum, many meme coins lack a solid use case or underlying technology. Their value is often driven by speculation and market sentiment rather than intrinsic utility. This makes them particularly susceptible to market whims and trends
• Market Manipulation: The meme coin market can be vulnerable to manipulation by large holders (often referred to as "whales") who can influence prices by buying or selling large quantities of a coin. This can create an unstable market environment, leading to unpredictable price movements.

5. Scams and Fraud in the Meme Coin Market

The meteoric rise of meme coins has not only captured the attention of investors but has also attracted a darker side of the cryptocurrency world: scams and fraudulent projects. The potential for deception grows as the market becomes increasingly saturated with new tokens.

6. Final Thoughts

Meme coins have carved out a unique niche in the cryptocurrency landscape, combining humour, community engagement, and speculative investment. While the potential for rapid returns is enticing, investors must approach meme coins with caution due to their inherent volatility, lack of fundamental value, and susceptibility to market manipulation. The prevalence of scams in this space further emphasizes the need for thorough research and due diligence.

As the meme coin movement evolves, driven by social media trends and community dynamics, staying informed is essential. By understanding the risks and characteristics of meme coins, both seasoned traders and newcomers can navigate this unpredictable market effectively. A balanced approach that combines enthusiasm with caution will be crucial for capitalizing on the opportunities that meme coins offer.