Meme Coin Sector introduces cryptocurrencies to a broader audience and may become a new asset class, says Messari | Trending Viral hub

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The meme coin sector plays a vital role in the crypto space and could even become a new asset class, said crypto research firm Messari.

“Cryptocurrencies are often criticized for not having use cases for the average person, and that is a fair comment,” research vice president Maartje Bus said at a conference in Seoul on March 28. “But meme coins have actually been successful, consistently. to incorporate people into the chain.”

Meme coins are something of a “Trojan horse” in the way they introduce investors to key crypto concepts, including decentralization, crypto wallets and other applications, he said.

Because of that, meme coins have the potential to evolve into something beyond their current reputation of being just fun, Bus said.

Solana Meme Coin Mania

The meme token market is going through a period of rapid development, with coins thrown into the solarium The ecosystem has recently gained considerable attention from cryptocurrency investors.

There have been many success stories of traders who have racked up millions of dollars in profits as a result of the hype.

A merchant managed convert $72,000 to $30.2 million after Binance, the leading crypto exchange in terms of volume, announced that it would list Book of Meme (BOME). The token’s price surged, causing the meme coin’s market capitalization to increase by nearly $1 billion in just the first two days of trading.

dogwifat (WIF), another meme coin from Solana, managed to set a new all-time high recently, while Book of Meme (BOME) landed a coveted listing on Binance.the world’s largest crypto exchange

Investors are now waiting to see if there are new SOL memecoins Slothana (SLOTH) and Smog (SMOG) will attract the attention of Binance. If this happens, the Price of $PEREZOSA will experience a massive increase.

SLOTH has already raised more than 1.5 million dollars within days of starting its pre-sale.

Meanwhile, SMOG has teased an upcoming public listing as it begins the second season of its airdrop.

Related Posts:

Smog (SMOG) – Meme Coin with Rewards

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  • First Airdrop Season Available Now
  • Earn XP to qualify for a share of $1 million
  • Featured on Cointelegraph
  • Staking Rewards: 42% APY
  • 10% discount on free sale – smogtoken.com

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