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Test Your Knowledge
Earn 100 Diamonds for every perfect score!
Question 1:
What is the primary origin of memecoins?
A. They are developed as serious alternatives to traditional currencies.
B. They are derived from memes or viral internet phenomena.
C. They are created by large financial institutions for investment purposes.
Question 2:
Which of the following is a key characteristic of memecoins?
A. They have a fixed supply similar to Bitcoin.
B. They rely heavily on community-driven promotion and social media influence.
C. They are backed by real-world assets like gold.
Question 3:
What makes memecoins highly volatile?
A. Their value is tied to the real-world economy.
B. Their value is highly susceptible to trends, celebrity endorsements, and public sentiment.
C. They are linked to government-backed regulations.
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