Vice President of Research at Messari: Meme coins are an important part of the crypto market and may become a new asset class

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Odaily Odaily reported that Maartje Bus, vice president of research at encrypted data aggregator Messari, said in a speech at BUIDL Asia in Seoul on Thursday that Meme coins will remain an important part of the cryptocurrency market and may become a new Asset Class. "Cryptocurrencies are often criticized for not having use cases for ordinary people, and that's a fair comment," Bus said. "But Meme coins have actually been very successful in bringing people on-chain." Bus said that "Meme" is One way to monetize attention, in the case of U.S. election candidate-based tokens, could easily turn into prediction markets. According to Bus, meme coins can also be considered a "long-tail speculative service," like lotteries or penny stocks. With these attractions, Meme coin "inadvertently" introduced crypto concepts such as decentralization and encrypted wallets to Web3 newbies, and can be described as a "Trojan horse" for the next era of crypto-native consumer applications. At the same time, Bus said that the integration of artificial intelligence and cryptocurrency, DePIN and EIP-4844 expansion are emerging trends in the encryption industry in addition to Meme coins. (The Block)

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