What’s the point of meme coins?

By BBC World Service

What in the World

14/02/25·13m 24s

President Trump, the Pygmy hippo Moo Deng and the Central African Republic all have meme coins - but what are meme coins and how can you spend them? BBC reporter Nathalia Jimenez answers all our questions including why would anyone buy them and what a “pump and dump” means.

And we hear from the BBC’s Collins Nabiswa, who explains why President Touadéra of the Central African Republic has launched the meme coin $CAR and how successful it’s been so far.

Instagram: @bbcwhatintheworld Email: whatintheworld@bbc.co.uk WhatsApp: +44 0330 12 33 22 6 Presenter: William Lee Adams Producers: Josh Jenkins and Julia Ross-Roy Editor: Verity Wilde