Memecoins: Scam alert or ticket to riches?

Dogecoin and Shiba Inu have been competing this week to be the leading memecoin. Shibainu's evaluation has gone up 160 per cent this week alone. But what are memecoins? How are they different from regular cryptocurrencies and are they even a good investment? Read all about it and more, in this week's post!

Sources:
  1. What are Meme Coins and Tokens?”, Adriana Hamacher, Decrypt.co.
  2. What Is A “Rug Pull” In Crypto? DeFi Exploits Explained”, The European Business Review.
  3. Investing In Memecoins: Essential Tips On How To Find The Next 1000×”, BTC Peers, Benzinga.com.

A transcript of the infographic is available here.


Credits:
Riddhiraj Singh Sehgal