memecoin
Memecoin (noun) means a cryptocurrency built around a joke, an internet meme or a public figure rather than around any technical purpose, whose value comes almost entirely from how much attention it attracts. Example: “The memecoin rose sharply after a single post, then gave up the gain within a week.”
How to use memecoin
Learner’s notesIn plain EnglishA crypto coin based on a joke or an internet trend.
Informal but standard, and used without judgement in reporting. Spelled as one word (memecoin) or two (meme coin); both are common.
Calling something a memecoin describes what it is about, not how well it is made. Some memecoins have very large markets; most disappear.
Trace the full origin ↓Fill the gap
Can you complete this real example?
The _____ rose sharply after a single post, then gave up the gain within a week.
Etymology
A compound of meme and coin.