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bitcoin
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tether
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USDC (USDC) $ 1.00
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Mem Token Report from Messari! Will Mem Tokens Survive?

Must Read

Whereas there are great will increase in Bitcoin (BTC) and altcoins throughout bull rallies, mem tokens are undoubtedly the realm of most curiosity to traders.

At this level, whereas meme tokens equivalent to Dogecoin (DOGE) and Shiba Inu (SHIB) have made a reputation for themselves with their performances in bull rallies, evidently they may even be the focus within the 2024-2025 bull.

As a result of Messari Analysis Vice President Maartje Bus mentioned that mem tokens have the chance to introduce crypto to a wider viewers.

Talking on the BUIDL Asia convention in Seoul, Bus famous that meme tokens might act as a “Trojan Horse” for crypto whereas introducing cryptocurrencies to new customers.

He argued that Mem tokens will proceed to be an important a part of the cryptocurrency market within the coming years and can probably survive as a brand new asset class.

“For traders, mem tokens provide quite a lot of points of interest past their enjoyable and cheerful nature, unintentionally introducing new Web3 customers to decentralized ideas and crypto wallets.

At this level, the current meme token craze was fueled by the rally that began after the approval of spot Bitcoin ETFs.”

Lastly, Bus additionally described meme tokens as a lottery ticket.

*This isn’t funding recommendation.

See also  Cardano (ADA) Reaches Main Milestone With 88.6 Million Transactions

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