Meme coins – A bubble waiting to burst?

WHILE most of us are rather familiar with cryptocurrencies like bitcoin, which is part of a larger group of what is known as payment cryptocurrencies, we might be unfamiliar with other types of payment-based cryptocurrencies which can be broken down into at least two other categories namely stablecoins and meme coins.

While bitcoin allows holders to trade and carry out transactions, it is also seen as a store of value cryptocurrency as it does seem to have retained its value over time, which is rather similar to fiat currencies.