The wild world of crypto gets wilder, as the latest craze to take hold of the industry grows larger: DeFi meme coins. And they're much more than just harmless fun.
Investors plugged $8 billion dollars into decentralized finance (DeFi) in the past three months alone, motivating the more creative members of its community to find new ways to create billions more in value.
The result is the latest craze that has taken hold of the cryptocurrency industry: DeFi versions of meme coins, crypto tokens whose worth depends on how funny the Internet finds the joke they represent.
Visit here:
https://decrypt.co/40939/defi-meme-coins-no-joke-billions-ethereum