[masraum]

https://en.wikipedia.org/wiki/Meme_coin

A meme coin (also spelled memecoin) is a cryptocurrency that originated from an Internet meme or has some other humorous characteristic. It is often used interchangeably with the term shıtcoin, which typically refers to a cryptocurrency with little to no value, authenticity, or utility. It may be used in the broadest sense as a critique of the cryptocurrency market in its entirety—those based on particular memes such as "doge coins", celebrities like Coinye, and pump-and-dump schemes such as BitConnect—or it may be used to make cryptocurrency more accessible. The term is often dismissive, comparing the value or performances of those cryptocurrencies to that of mainstream ones. Supporters, on the other hand, observe that some memecoins have acquired social currency and high market capitalizations.

WTF?


This is the sort of thing where a cynical person might be tempted to think that the fleeced deserve it (or should just accept is as essentially being a "gofundme" sort of thing for the meme/folks that start it).