Follow the Money: The Memecoin Economy

Search for "memecoin" on social media and you'll find plenty of videos offering advice on how to invest and grow your money, with some claiming they can help you make a million. But you don't have to look far to find people who have lost money, and lots of it. So where does the money actually go? Sam Fenwick explores the cryptocurrency phenomenon that almost anyone can launch, including presidents.Presenter: Sam Fenwick Producers: Matt Lines and Gideon LongYou can email the team: [email protected](Picture: A representation of cryptocurrency dogecoin is seen in front of a stock graph and U.S. dollar in this illustration taken, January 24, 2022. Credit: Reuters/Dado Ruvic/Illustration/File Photo)