Meme coins are a form of cryptocurrencies inspired by and online meme or trend gaining popularity mostly from the community's support.

Characteristic of meme coins:

1. High volatility: Memes coin, just like internet trends are, are a very volatile asset. Their value can spike with media hype but can also drop just as quickly. This makes them a high risk high reward investment.
2. Limited utilities: As most meme coin has no function or utilities outside of trading and investment, their intrinsic value are not that high. Making them unsuitable for long term holdings.
3. Accessibility: Meme coins are usually easily available on various platfrom making them highly accessible, however their ease of access can lead to liquidity risk and potential losses for some investors.

Overall, the value of meme coins are highly spectulative as it is fueled by social media rather than economic fundamentals.

Prices of Shiba Inu Coin (A meme coin which has price spiked due to internet trends) throughout the years: