HaramCoinsAre meme coins haram?
Meme coins — Dogecoin, Shiba Inu, Pepe and the rest — have no product, no utility and no asset behind them. Their price moves on hype alone.
When gain depends purely on whether more people buy in after you, with nothing of real value changing hands, that closely matches maysir (gambling) and gharar (extreme uncertainty). For this reason most scholars consider trading them impermissible.
A coin with genuine utility is assessed differently — see what makes a cryptocurrency halal.
This website is an educational resource, not a religious edict (fatwa). Qualified scholars differ on cryptocurrencies; the assessments here are based on widely-recognised principles of Islamic finance and are provided for learning only. Always consult a qualified scholar before making any decision, and remember that nothing here is financial advice.