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PBS News Hour

Explaining meme coins and why they often crash

Season 2025 Episode 107 | 7m 31s

In the up-and-down world of cryptocurrency, so-called meme coins are perhaps the most bewildering. The joke-inspired digital currency is all over the internet with new tokens popping up every day by the thousands. The value of some jumped thanks to viral trends or celebrity endorsements. But most never take off, crash or disappear. Economics correspondent Paul Solman reports.

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