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Mem Token Report from Messari! Will Mem Tokens Survive?

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Mem Token Report from Messari! Will Mem Tokens Survive?

While there are tremendous increases in Bitcoin (BTC) and altcoins during bull rallies, mem tokens are undoubtedly the area of most interest to investors.

At this point, while meme tokens such as Dogecoin (DOGE) and Shiba Inu (SHIB) have made a name for themselves with their performances in bull rallies, it seems that they will also be the center of attention in the 2024-2025 bull.

Because Messari Research Vice President Maartje Bus said that mem tokens have the opportunity to introduce crypto to a wider audience.

Speaking at the BUIDL Asia conference in Seoul, Bus noted that meme tokens could act as a “Trojan Horse” for crypto while introducing cryptocurrencies to new users.

He argued that Mem tokens will continue to be a vital part of the cryptocurrency market in the coming years and will potentially survive as a new asset class.

“For investors, mem tokens offer a variety of attractions beyond their fun and cheerful nature, unintentionally introducing new Web3 users to decentralized concepts and crypto wallets.

At this point, the recent meme token craze was fueled by the rally that started after the approval of spot Bitcoin ETFs.”

Finally, Bus also described meme tokens as a lottery ticket.

*This is not investment advice.