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Sooner than bitcoin, with a larger quantity of token and a new mining algorithm, Litecoin was an actual innovation, completely tailored to be the smaller brother of bitcoin. "It facilitated the emerge of several different cryptocurrencies which used its codebase but made it, much more, lighter". Examples are Dogecoin or Feathercoin. 1 price and slid to near zero, together with Luna. Meme coins are the comedians of the crypto world. These coins gain popularity and traction by memes and social media. The time period can be used somewhat jokingly for coins that blow up on social media. The unique meme coin that started all of it is Dogecoin (DOGE), which was branded around the "doge" Shiba Inu canine meme. But what began as a joke grew to become a verifiable cult asset as users flocked to the asset. Because of this, more meme coins began to crop up.