Investing in Currencies

Investing in Currencies

Meme Coins: What Are They & Should You Invest?

Walking a perilous path.© 4x6—iStock/Getty ImagesWill 2024 be known throughout history as the year of the meme coin? As cryptocurrency investing entered a new bullish phase after bottoming out in the fall of 2023, digital tokens based on nothing more than a cute or funny meme began getting plenty of attention. Meme coins may inspire your fear of missing out—FOMO—but they’re also undeniably risky.Interested in speculating on meme coins—hopefully with small amounts of money that you can afford to lose? Stay sensible—and start by learning the key characteristics of meme...
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