Memecoins are a category of cryptocurrencies that originate from internet memes, jokes, or viral online trends. While initially launched as humorous or community-driven projects, some memecoins, such as Dogecoin and Shiba Inu, have attracted substantial investor interest and market capitalization. Their value is often driven by social media hype, celebrity endorsements, and community engagement rather than traditional fundamentals, making them highly volatile and speculative assets.