TL;DR
As of November 29, 2024, the overall market capitalization of Meme coins has risen to $116.82 billion, accounting for 3.5% of the market share, and shows a continuous growth trend;
Overall, the Meme coin market performed impressively in 2024, with a Benchmark index performance of 279.8%, surpassing mainstream coins like Bitcoin and Ethereum, becoming a new investment target favored by retail and institutional investors, as well as funds;
The prosperity of the Meme coin market is largely based on the continuous improvement of underlying infrastructure, especially the innovation of launch platforms such as Pump.fun, Sunpump, and Moonshot, which have significantly reduced the cost of token issuance and player participation;
Meme coins on chains like Solana and Ethereum are more competitive. Although the launch of Sunpump on the Base chain in Q2 and the Tron chain in Q3 brought a brief boom, the narrative is clearly weak, and the long-tail effect is insufficient;
In 2024, the Meme wave was influenced by narratives, social hotspots, and technology. Currently, animal-themed Memes and Cult culture Memes dominate the narrative, with deep cultural roots and loyal fan bases;
Memes have become a new battleground for competition among crypto CEXs, intensifying the user traffic disputes between leading exchanges and aggressive exchanges, with LBank emerging as the new Meme King due to its advantage of being "the earliest to launch Memes and concentrate Meme wealth effects";
Despite early controversies surrounding Memes, with mixed attitudes from institutions, retail investors, and KOLs, some institutions have changed their stance as the Meme market effect became significant in the second half of the year;
1: Overall Meme Market Performance Outperforms Other Narratives
Meme Market Outperforms Other Narratives
According to data from Artemis Terminal, from the beginning of the year to November 29, Memecoins have shown a Benchmark index performance of 279.8%, far exceeding Bitcoin's 118.9% and gold's 27.4%. In the first half of 2024, AI Tokens led the way, but starting in March, Memecoins surpassed and strengthened against the trend, maintaining a Benchmark index above 40%; in the second half of 2024, with the market recovery, Memecoins, Bitcoin, and gold showed a positive correlation, with Memecoins' Benchmark index significantly outperforming Bitcoin, gold, and the Outerlands fundamental index.
(Data Source: Artemis Terminal)
CoinMarketCap data shows that as of November 29, 2021, the total market capitalization of Meme coins has significantly increased from $22.28 billion at the beginning of the year to $116.82 billion, a rise of 424%. At the same time, its daily trading volume also experienced a significant increase, rising from a low of about $685 million in early February to a peak of $71.91 billion on November 14.
Meme Coin Market Capitalization and Daily Trading Volume
(Source: CoinMarketCap)
It is worth noting that compared to the trading peak in March, November welcomed another Meme Summer craze, with daily trading volume stabilizing around $30 billion and even briefly surpassing $70 billion. Market interest and confidence in Memes have strongly rebounded to levels close to those in March, and this trend continues.
In 2024, the entire crypto market underwent natural selection and evolution, with long-respected crypto narratives being questioned, and financial nihilism prevailing. Memecoins, with their strong dissemination attributes and absurd, spontaneous, and dramatic performances, have taken the headlines in the crypto market and have been officially recognized as a single track with a broad audience base, becoming a new "growth point" pursued by the crypto market.
Annual Meme Market Dynamics Review
Starting from mid-March 2024, the presale of BOME's Memecoin ignited the market, with Pepe Meme artist Darkfarm's BOOK OF MEME (BOME) causing gas fees to soar on the Solana chain, reaching a market capitalization of $1.9 billion in three days. At the end of March, Slerf adopted a presale model, but due to a mistake by the founder that destroyed liquidity tokens, it instead became a "Fair Launch" social experiment, quickly surpassing a market cap of $100 million and becoming the new king. Starting in June, the TVL on the Base chain grew to $8 billion, and Meme coin projects gained popularity on the Base chain, with Mister Miggles' Memecoin skyrocketing by 900 times in July. As the U.S. elections approached, politically themed Memecoins like People and MAGA (TRUMP) also sparked speculative fervor.
In Q4, Neiro led the wave of dog-themed Memecoins, experiencing dramatic ups and downs. Neiro on the Solana chain surged 50 times due to Vitalik's sale of MEME tokens, while the uppercase NEIRO on Ethereum saw its market cap rebound to $180 million with the help of exchanges, but faced a trust crisis due to a "mouse warehouse" incident. At this time, the community version of lowercase $Neiro launched on Binance, surging 30 times, becoming a new force in Memes. In late October, $GOAT (Goatseus Maximus), an AI-themed Meme, surged 70 times in four days, making its way onto Binance contracts. At the end of October, $Ban, based on a banana artwork auctioned by Sotheby's, quickly surpassed a market cap of $20 million, becoming a hotspot for performance art.
Meanwhile, $ACT and $PNUT became representatives of AI Memes and "rescue-themed" Memes, the latter originating from the tragic story of Peanut the squirrel, symbolizing the intersection of politics and culture. The Memecoins $RIF and $URO launched on pump.science surged 20 times in just two days, while Binance Labs made its first foray into the DeSci field, reigniting market innovation. In mid to late November, ChillGuy, through tweets from the President of El Salvador and Musk, saw its market cap surpass $600 million, becoming a new star in the Meme field, showcasing the seamless integration of Memes and social media hype.
2: Solana and Ethereum Become the Main Battleground for Meme Players
In this wave of Memes, Solana and Ethereum have become the main battleground for Meme players, with most popular and leading projects, including BOME, Neiro, MOODENG, and GOAT, originating from here.
CoinGecko data shows that as of November 29, the total market capitalization of Memes has grown to over $116.82 billion, with daily trading volume maintaining around $10 billion. The market capitalization of Memes on Ethereum has exceeded $34 billion, while on Solana it has surpassed $20.4 billion, together accounting for 46.56% of the overall market. Additionally, most of the Top 10 Meme projects come from Ethereum and Solana, confirming the strong influence and appeal of these two chains in the Meme space.
According to DexScreener data, a large number of Memecoins are created daily, especially during the Pump.fun and SunPump craze, with the number of memes created daily reaching an astonishing 100,000. Memecoins have shown robust development across multiple blockchain ecosystems, including Solana, Ethereum, Base, and BNB.
Ethereum Meme Coin Ecosystem
As the earliest origin of Memes, Ethereum has an irreplaceable advantage. Among the Top 10 Meme projects by market capitalization, four are from Ethereum, with a total market cap of $26.2 billion as of November 29, accounting for 20.85%.
From various data points such as market share, development history, user scale, and user types, leading Meme coins on the Ethereum chain not only have significant market advantages but also possess strong community support. In terms of launch time, most high-market-cap Ethereum Memecoins were launched earlier, with the earliest being Shib, released in August 2020, currently valued at over $14.8 billion. These Memecoins have undergone long-term market testing, and the accumulation of time has further solidified user consensus on the projects.
In this round of Memecoin craze, we observe a significant trend: compared to Solana, the same projects generally have better liquidity on Ethereum. Taking MAGA as an example, its liquidity on Ethereum is 15.5 times that on Solana, a particularly striking difference. Furthermore, in terms of market capitalization, trading volume, and holding scale, Neiro on the Ethereum platform also shows superior performance compared to its performance on the Solana chain.
Ethereum holds a certain advantage in the Meme coin market scale, primarily supported by established Meme coins like SHIB and PEPE. However, during this round of Meme Summer, Ethereum's performance in creating new Meme "memes" has been somewhat lacking, with its Meme content still mainly focused on zoo themes and PEPE derivative themes.
Solana Meme Coin Ecosystem
Solana is the fertile ground for this wave of Meme enthusiasm, with many emerging leading Memes originating from this chain, injecting strong momentum into Solana's data growth and on-chain activity. According to DefiLlama data, driven by the rising speculative sentiment around Meme coins, the daily transaction fees on the Solana blockchain reached a peak of $13.86 million on November 22.
(Source: DefiLlama)
As of November 29, the total market capitalization of Meme coins on Solana exceeded $20 billion. Among them, Bonk leads with a market cap of $3.3 billion, followed by WIF ($3.1 billion), POPCAT ($1.2 billion), PNUT ($1.19 billion), MEW ($840 million), and GOAT ($840 million).
On November 17, Solana saw the simultaneous emergence of six Memecoins with market capitalizations exceeding $1 billion, all ranking in the top 100, setting a historical record.
(Source: CoinGecko)
The Meme craze in the Solana ecosystem can largely be attributed to the explosive growth of BOME and SLERF in March. These two projects not only created wealth myths in a very short time but also fueled Solana's robust development under the prevailing FOMO sentiment in the market. Additionally, the extensive interaction of Solana's founder further enhanced the spread of this craze, expanding its influence.
Meme projects on the Solana platform quickly attract significant attention with their keen ability to capture hot topics, showcasing not only astonishing price surge potential and strong capital attraction but also a diverse range of creativity, from cute pets (cats, dogs) and humorous memes to cutting-edge PolitiFi and AI themes.
3: Continuous Improvement of Infrastructure, Accelerating Meme Market Prosperity with Pump.fun as the Main Meme Issuance Platform
The current wave of the Meme market is inseparable from the rapid development of infrastructure and on-chain bots, which provide multifunctional sniper bots capable of making smarter decisions based on real-time data and actionable signals, including dollar-cost averaging, limit orders, and pool monitoring. Meanwhile, the improvement of infrastructure such as "one-click token issuance," "ultra-low costs," and "simplified processes" has driven the prosperity of the Meme market, giving rise to issuance platforms like Pump.fun, Moonshot, and SunPump, accelerating the arrival of Meme Summer.
Among them, Pump.fun occupies an excellent ecological position due to its first-mover advantage, continuously attracting market attention and forming a liquidity aggregation effect, with more traffic expected to emerge in Pump.fun, achieving sustained liquidity attraction through incremental growth.
Pump.fun
Pump.fun was created by founder Alon in January 2024 and is a platform for creating and trading Memecoins based on the Solana blockchain, allowing anyone to launch their own Memecoin at the lowest cost (0.02 SOL). So far, Pump.fun has issued over 1 million Memecoins, accounting for 67.5% of the daily token issuance on Solana, and has become the highest-earning protocol on Solana.
In 2024, the hottest Memecoins were mostly created on Pump.fun, including PNUT with a market cap of $1.19 billion and GOAT with a market cap of $840 million.
Core Features:
Core Mechanism: No team allocation, no presale, automated liquidity injection, and a unique bonding curve pricing model;
Low issuance cost and ease of operation: Users do not need any programming skills or technical background; they can create and issue their own Memecoin by simply paying a fee of 0.02 SOL;
Market Performance and Wealth Effect of Pump.fun
According to Dune data, as of November 29, Pump.fun has deployed over 4 million Memecoins since its launch in February, successfully capturing 1,527,143 SOL, with total earnings exceeding $1.5 million.
Among them, DefiLlama data shows that Pump.fun is currently the eighth-largest income blockchain protocol, with nearly $86 million in fee income over the past 30 days and cumulative fee income exceeding $225 million. On November 25, Pump.fun surpassed Tether for the first time, with a daily income of $14.49 million, becoming the highest-earning protocol in 24 hours.
MoonShot
Moonshot is a mobile application focused on Meme trading built on the Solana network, allowing users to directly purchase Memecoins through fiat deposit methods such as Apple Pay, credit cards, and PayPal. Moonshot attracts a large number of traditional users to participate in Memecoin investment by simplifying the cryptocurrency operation process.
Moonshot is incubated by the Pump.fun incubation team, Alliance DAO, and was recommended by the new generation of Meme KOL Murad at its launch. After launching $MOODENG and $GOAT, both achieved several times growth, quickly entering the public eye.
Core Features:
Fiat Deposits: Users can quickly recharge funds through payment methods such as Apple Pay, credit cards, and PayPal.
Token Screening and Listing Mechanism: Moonshot strictly screens and quickly lists high-demand Memecoins, providing users with potential profit opportunities.
Convenient Trading: No wallet management or gas fees are required; all transactions are completed through Solana in seconds.
Market Performance and Wealth Effect of Moonshot
According to Dune data, Moonshot has shown an overall upward trend in trading volume and transaction fees. Since September, Moonshot's daily fee income peaked at over $270,000, with a maximum of 13,856 daily trading users.
As a mobile platform focused on Memecoin trading, Moonshot maintains a low-frequency, high-quality listing rhythm with its rigorous token screening mechanism. Several potential Memecoins have shone brightly upon launch, especially MOODENG and GOAT, which recorded astonishing growth of 100 times and 30 times, respectively, after being listed on Moonshot, quickly attracting the attention of many retail investors and sparking waves of short-term value surges. Moonshot's "curated listings to ignite growth" model has become a highly sought-after highlight in the Memecoin market.
SunPump
SunPump is a Meme coin generator platform based on TRON, launched by Sun.io on August 9. Users only need to select an image, set the number and theme of the tokens, and by paying a small amount of funds, they can issue their own Memecoin.
Core Features:
One-Click Token Issuance: Users only need to fill in simple information such as token name, symbol, description, and image, and pay a small TRX creation fee to issue their own Memecoin with one click.
Bonding Curve Pricing Model: SunPump adopts a bonding curve pricing model, ensuring that all participants trade in a fair environment, avoiding common price manipulation issues in traditional ICOs.
Automatic Liquidity Injection: When the market cap of a Memecoin reaches a specific standard, SunPump automatically injects part of the funds into the SunSwap V2 liquidity pool and burns the corresponding number of tokens.
Gas Fee Reduction: SunPump has launched a gas fee reduction activity of up to 99%.
Market Performance and Wealth Effect of SunPump
(Source: CoinGecko)
According to CoinGecko data, as of November 29, the market capitalization of the SunPump ecosystem exceeded $220 million. Dune data shows that SunPump has successfully issued 92,039 Memecoins, with total profits reaching 35,635.04 $TRX. Its on-chain gas fees and trading volume peaked on August 21, with revenue exceeding Pump.fun, reaching $560,000 that day.
The Memecoins on the SunPump platform show significant short-term effects but often face challenges in maintaining long-term sustainability. Among them, Sundog, as the most popular Meme on SunPump, saw its market cap rapidly rise to $200 million within less than a week of its launch. However, the momentum for subsequent growth has gradually weakened, and its current market cap stabilizes around $160 million.
4: Meme Narratives Consolidate Around Hot Events, Celebrity Effects, Cult Culture, and AI Memes
As a unique phenomenon in the crypto market, Memecoins exhibit diverse development trends across different cycles. In the 2024 Meme Summer, they are influenced by market sentiment, narrative trends, mechanism innovations, celebrity effects, and technological advancements, becoming an important window for interpreting market emotions. Memes are gradually evolving into a prism that reflects investor sentiment, mirrors hot events, and leads market narratives.
Currently, the Memecoins in the market mainly present four major types:
Cult culture represented by POPCAT, which gains market admiration through unique community cultural cohesion;
Established Memecoins like DOGE, frequently endorsed by "Meme Godfather" Elon Musk, as well as emerging zoo-themed Memes like Neiro, which continue to lead the market through celebrity effects and lasting market influence;
Hot event mapping represented by BAN, which quickly responds to and quantifies hot events;
AI-themed Memes represented by GOAT and ACT, which combine new technology narratives to create new arenas;
Cult and zoo-themed Memes have shown strong market resilience during the 2024 Meme Summer, especially after experiencing market washouts and prolonged turbulence, with a noticeable rebound and sustained long-tail effects in early November.
Cult Memecoins, such as POPCAT, have gained strong market recognition through specific cultural symbols and carefully constructed community spirit. Compared to the widespread dissemination of zoo-themed Memes, Cult culture Memecoins emphasize community cohesion and exclusivity. They maximize user stickiness through a unique "inner circle culture," which not only manifests during market upcycles but also demonstrates strong market resilience during downturns or increased uncertainty.
Zoo-themed Memes represent the most entertaining and social category, from Doge and Shib, which frequently receive support from Elon Musk, to emerging stars like Neiro and APU. They maintain strong user stickiness through simple, easily disseminated images and humorous marketing strategies. Although the initial performance of Memecoins often relies on market sentiment fluctuations and short-term speculative booms, their unique culture and social imagery, along with celebrity endorsements, provide them with stronger market pressure resistance. In 2024, as the market warms up, zoo-themed Memecoins, backed by long-accumulated cultural recognition, are experiencing another surge. Notably, the redemption story of PNUT marks a milestone event for animal Memes. The success of PNUT has spurred the rise of a series of redemption concept Memes, exemplifying the strong resilience and inclusivity of zoo-themed Memes.
Hot event mapping and AI-themed Memes are products of rapid market shifts and new technological developments. The value of Memecoins generated from hot event mapping, like BAN, lies more in their ability to quickly respond to market events and effectively convert attention into market funds; AI-themed Memes often leverage "technology-driven" and "future potential" as selling points, attracting significant attention from tech investors and AI enthusiasts.
The highlights of the 2024 Meme Summer are Cult culture, zoo concepts, hot events, and AI innovations. However, we can foresee that as the Meme market continues to evolve, Meme narratives will become more diverse, and with the catalysis of short video platforms like TikTok, the speed and influence of Meme dissemination will significantly increase. For example, TikTok concepts like Chillguy have become popular in the market, showcasing the integration of hot events and celebrity effects. Looking ahead, this intertwining of multidimensional narratives will continue to inject new vitality into the Meme market and bring more possibilities for Meme creation.
5: Memes Become Pump Pools for CEXs Competing for Traffic, with LBank Emerging as the New Generation Meme King Due to Its Significant Wealth Effect
In the current market environment where competition between CEXs and DEXs is intensifying, traditional centralized exchanges are facing increasing pressure. To seek new revenue sources and capture market share, CEXs are actively adjusting their listing strategies, increasingly leaning towards meeting user demand for Memecoins. Memecoins, with their high traffic and rapid wealth effects, have become key tools for attracting new users and stimulating capital inflows.
Essentially, similar to the duality of Bitcoin as a risk asset and a safe-haven asset, Memecoins represent a new category that can be treated as a standalone segment for most exchanges. Their explosive wealth effects satisfy investors' rigid demand for profit growth and lower the learning threshold for investors to allocate risk assets.
We have organized information on competitive exchanges currently listing Memecoins and assessed their sensitivity based on popular Memecoins, using metrics such as listing time and maximum price increase. The details are as follows:
1) Listing Situation: This primarily involves statistics on the number of meme assets across various exchanges, as detailed below:
Throughout 2024, LBank, Gate, and Bitget have listed the most Memes, with 281, 63, and 46 respectively. The proportion of Memecoins is also significant, with LBank reaching 34%, Gate at 15%, and Bitget at 9%.
2) Popular Memecoins: This involves comparing data dimensions based on listing time, current price increase, and market trading volume share, as follows:
Data research indicates that Binance still holds the highest market share and maintains a relatively strong listing effect. However, compared to second-tier exchanges like LBank, Bitget, and Gate, its listing effect is weakening.
Furthermore, LBank, Gate, and Bitget, with their sharper market instincts and higher listing efficiency, were the earliest to list, successfully capturing the early benefits of the Meme market, becoming the best battleground for PVP to capture Beta returns. Notably, LBank launched MOODENG on September 23, achieving an astonishing maximum price increase of 63 times, while GOAT and PNUT set records of 299 times and 81 times increases, respectively, on LBank.
It is worth noting that LBank attracted a significant amount of traffic through a special collaboration with SLERF in April, where trading volume data for Goat, Neiro, and others even surpassed Kucoin, matching OKX data. Especially in the early stages of the Memecoin craze, trading platforms attracted a large number of community users and trading traffic by quickly listing hot projects, establishing a strong competitive barrier in this field.
The competitive landscape of the Meme market is gradually differentiating, with first-tier exchanges relying more on brand effects and existing user advantages, while second-tier exchanges like LBank are gaining ground in the traffic battle with faster listing speeds and strategies more aligned with market sentiment. This trend indicates that future competition among exchanges will not only depend on platform scale and brand strength but will also require greater flexibility and precision in meeting market timeliness and user demand.
This strategic shift by exchanges is not only a proactive embrace of Meme culture but also aims to create a narrative of "emerging retail power" in the increasingly cyclical cryptocurrency market, further strengthening their influence in the eyes of users. This trend also reflects the important role of market-driven Meme sentiment in the revenue strategies of exchanges.
6: Despite Early Controversies Surrounding Memecoins, Attitudes of Institutions, Retail Investors, and KOLs Have Varied, but Some Institutions' Attitudes Have Started to Shift as the Effects of the Meme Market Become Apparent in the Second Half of the Year
VC coins were once regarded as the "future stars" of the crypto industry due to their strong financial backing and technical teams. However, with the influx of private capital and overly aggressive valuations, many VC coins face the dual problems of low circulating supply and high fully diluted valuation (FDV), making it difficult for these projects to realize long-term value.
In mid to late April, a16z's managing partner Eddy Lazzarin publicly supported VC coins while heavily criticizing the impact and destruction of Memecoins on the crypto market, provoking a backlash and ridicule from many retail investors, even becoming a flashpoint in the debate between VC coins and Memecoins. However, in October of this year, a casual conversation by a16z co-founder Marc Andreessen unexpectedly gave rise to the first AI Memecoin—GOAT, marking a new opportunity for Memecoins.
Unlike VC coins that rely on strong technical and financial support, the value of Memecoins does not stem from practical applications but from community enthusiasm and spiritual resonance with Meme culture. This unique driving force, while making the market performance of Memecoins full of uncertainty and volatility, has also injected unprecedented vitality into the crypto market.
Different types of Memecoins exhibit rich cultural connotations and fan bases, directly influencing their sustainability, dissemination, and community engagement. Animal Memes, Cult culture Memes, and AI Memes continuously attract market attention due to their deep cultural backgrounds, loyal fan groups, and new narrative characteristics. In contrast, other types of Memecoins often rely on short-term trends, with attention that may quickly rise and then fall.
Despite the early controversies surrounding Memecoins, the attitudes of institutions, retail investors, and KOLs have varied, but some institutions' attitudes have begun to shift as the effects of the Meme market become apparent in the second half of the year. With the promotion of decentralized issuance mechanisms, the transparency and credibility of Memecoins are continuously improving, gradually gaining more recognition.
Among them, large institutions have started to accelerate their layout in the meme field. Paul Veradittakit, a partner at Pantera Capital, summarized in a post that "Memecoins are the Trojan horses of cryptocurrency." The dark horse venture capital firm and market maker DWF Ventures stated on platform X that "Memecoins will become a new GTM strategy for many ecosystems and projects." VanEck's MarketVector launched a Memecoin index, and Franklin Templeton has also released multiple reports related to MEME coins.
While MEME has generated enthusiasm, it has also caused more market distortions and even led to more artistic abstractions. Issues such as whether to give tokens to Vitalik Buterin, distinctions between uppercase and lowercase letters, and blank symbols have created a situation where speculation and short-term surges dominate the market. Recently, the market has been largely occupied by the AI meme - Goat, which achieved a thousandfold increase in just one week, compared to the previous six months of accumulation and community consensus.
However, if we look at on-chain data and online celebrity effects, we may fall into the PVP trap. It began with a16z's co-founder perfectly backing $50,000 BTC, followed by BitMEX co-founder Arthur Hayes's passionate calls, leading Goat's market cap to leap to $500 million. However, after Truth Terminal published "stock code GOAT," GOAT fell sharply, dropping by 54%. Within less than 24 hours, top trader Eugene claimed to have purchased Goat, and the founder of Truth Terminal stated that "the 1.25 million GOATs held personally will not be sold for now." Subsequently, Goat rebounded and broke through 0.44, with a one-hour increase of over 50%. As of November 29, its market cap remained around $800 million.
It is hard not to associate this with the table effect behind it. Memes can attract a large amount of liquidity in a short time, and their price fluctuations are directly manipulated by the statements of leading institutions and KOLs. It remains unclear whether this behavior is institutional manipulation disguised as Memecoins or repeated harvesting by market makers behind the scenes.
Frankly speaking, VC coins and Memecoins are not in opposition or contradiction; the core issue lies in the way expectations are fulfilled. The two are not adversarial but attract different user groups with varying preferences.
VC coins and Memecoins represent two different economic models and market dynamics within the crypto market. VC coins can quickly attract capital and attention in the early stages due to their financial and technical support. In contrast, the value of Memecoins stems more from community culture and emotional resonance. Although their market performance is full of volatility, they also bring innovation and vitality. Overall, VC coins and Memecoins each have their strengths and weaknesses, and their market development coexists with risks, driving progress and innovation in the crypto industry on different levels.
As 2024 comes to a close, the wave of Meme Summer continues, becoming an undeniable force in the crypto world. From simple social media jokes in the early days to now being potential projects with billion-dollar valuations, Memecoins are no longer just short-term speculative objects in the market but are gradually becoming part of the market structure. For retail investors, developers, and even institutional investors, the emergence of Memecoins signifies that the power of culture, market sentiment, and community is changing the traditional landscape of the crypto industry.
Looking ahead to 2025, with advancements in AI technology and the continuous expansion of the Web3 ecosystem, Memecoins may become one of the most representative and disruptive asset classes in the crypto world. A new wave of innovation will continue to unfold at the intersection of Memes and social trends, and the new narratives and projects constantly emerging in the market will redefine the value and significance of crypto assets.
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