Most are tokens deployed on an existing chain using shared code, then traded in pools. Anyone can make one in minutes.
How to check it yourself
- Find the contract on a block explorer and check the creation date and the creator address.
- Look up the token's trading pool on a DEX tracker and note how much liquidity sits in it.
- Check whether the contract source is verified, so you can see which standard template it uses.
Sources
- dextools.iohttps://www.dextools.io/tutorials/what-is-a-meme-coin-complete-beginner-guide-2026
- schwabassetmanagement.comhttps://www.schwabassetmanagement.com/story/what-are-meme-coins-uses-and-risks-to-know
Keep learning
See all 48 lessons →Ask the community
Questions, corrections and topic ideas live in the FOMOEgg Telegram at t.me/fomoeggcto.
Join the TelegramEducation only. Nothing here is financial, investment, legal or tax advice, and nothing here is a prediction or a promise about price. Memecoins are extremely high risk and you can lose everything you put in. FOMOEgg is a community-run memecoin and is not affiliated with Robinhood, PONS or fomo.