TechFlow News, according to Maartje Bus, Messari's Head of Research, speaking at BUIDL Asia in Seoul on Thursday, memecoins will remain a significant part of the cryptocurrency market and could evolve into a new asset class.
Bus said memes are a way of monetizing attention, and in cases like tokens based on U.S. election candidates, they can easily transform into prediction markets. Memecoins can also be viewed as a form of "long-tail speculative service," similar to lotteries or penny stocks.
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