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<p><span style="font-weight: 400">The meme coin sector plays a vital part in the crypto space and might even become a new asset class, said crypto research firm Messari.</span></p> 
<p>“Crypto is often criticized for not having use cases for the average Joe, and that is a fair comment,” said vice president of research Maartje Bus at a conference in Seoul on March 28. “But meme coins actually have been successful, consistently, in bringing people on-chain.”</p> 
<p><span style="font-weight: 400">Meme coins are a kind of ”Trojan Horse” in the way they introduce investors to key crypto concepts, including decentralization, crypto wallets, and other applications, she said.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr">Great to be back at <a href="https://twitter.com/buidl_asia?ref_src=twsrc%5Etfw">@buidl_asia</a>! <a href="https://t.co/JG0tuKbX94">https://t.co/JG0tuKbX94</a></p> 
 <p>— Maartje Bus (@maartjebus) <a href="https://twitter.com/maartjebus/status/1773195784319615203?ref_src=twsrc%5Etfw">March 28, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><span style="font-weight: 400">Because of that, meme coins have the potential to evolve into something beyond their current reputation as just being for fun, Bus said.&nbsp;</span></p> 
<h2 id="span-style-font-weight-400-solana-meme-coin-mania-span"><span style="font-weight: 400">Solana Meme Coin Mania</span></h2> 
<p><span style="font-weight: 400">The meme token market is going through a period of rapid development, with coins </span><span style="font-weight: 400">launched within the </span><a href="https://insidebitcoins.com/news/solana-is-2024s-most-popular-blockchain-fueled-by-meme-coin-sensations-like-wif-bonk-and-slerf"><span style="font-weight: 400">Solana</span></a><span style="font-weight: 400"> ecosystem recently gaining considerable attention from crypto investors. </span></p> 
<p><span style="font-weight: 400">There have been many success stories of traders amassing millions of dollars in profit as a result of the hype.</span></p> 
<p><span style="font-weight: 400">One trader managed to </span><a href="https://insidebitcoins.com/news/solana-meme-coin-mania-continues-as-one-trader-turns-72k-into-30-2m"><span style="font-weight: 400">turn $72,000 into $30.2 million</span></a><span style="font-weight: 400"> 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 cap to jump by nearly $1 billion within just the first two days of trading.</span></p> 
<blockquote class="twitter-tweet" data-width="550" data-dnt="true"> 
 <p lang="en" dir="ltr"><a href="https://twitter.com/hashtag/Binance?src=hash&amp;ref_src=twsrc%5Etfw">#Binance</a> will list <a href="https://twitter.com/dogwifcoin?ref_src=twsrc%5Etfw">@dogwifcoin</a> <a href="https://twitter.com/search?q=%24WIF&amp;src=ctag&amp;ref_src=twsrc%5Etfw">$WIF</a> with Seed Tag Applied.</p> 
 <p>➡️ <a href="https://t.co/zlKeAgCLO6">https://t.co/zlKeAgCLO6</a> <a href="https://t.co/76nuDTbsAO">pic.twitter.com/76nuDTbsAO</a></p> 
 <p>— Binance (@binance) <a href="https://twitter.com/binance/status/1764955033479651458?ref_src=twsrc%5Etfw">March 5, 2024</a></p>
</blockquote> 
<p><script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script></p> 
<p><a href="https://insidebitcoins.com/news/early-dogwifhat-investor-misses-out-on-28-8-million-fortune-as-wif-hits-a-new-ath"><span style="font-weight: 400">Dogwifhat</span></a><span style="font-weight: 400"> (WIF), another Solana meme coin, managed to set a new all-time high recently, while Book of Meme (BOME) scored a coveted listing on Binance</span><span style="font-weight: 400">, the world’s biggest crypto exchange</span></p> 
<p><span style="font-weight: 400">Investors are now waiting to see if new SOL memecoins </span><a href="https://insidebitcoins.com/visit/slothana" rel="nofollow"><span style="font-weight: 400">Slothana</span></a><span style="font-weight: 400"> (SLOTH) and Smog (SMOG) will attract Binance’s attention. If this happens, the <a href="https://insidebitcoins.com/buy-cryptocurrency/slothana-price-prediction">$SLOTH price</a> will experience a massive surge.&nbsp;</span></p> 
<p><span style="font-weight: 400">SLOTH has already raised more than $1.5 million within days of its presale going live. </span></p> 
<p><span style="font-weight: 400">Meanwhile, </span><a href="https://insidebitcoins.com/visit/smog" rel="nofollow"><span style="font-weight: 400">SMOG</span></a><span style="font-weight: 400"> has teased an upcoming exchange listing as the second season of its airdrop kicks off.&nbsp;&nbsp;</span></p> 
<h3 id="span-style-font-weight-400-related-articles-span"><span style="font-weight: 400">Related Articles:</span></h3> 
<ul> 
 <li style="font-weight: 400"><a href="https://www.linkedin.com/pulse/best-crypto-watch-2024-top-5-cryptocurrencies-high-calsona-f8pve"><span style="font-weight: 400">Best Crypto to Watch in 2024: Top 5 Cryptocurrencies with High Potential</span></a></li> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/slothana-crypto-ico-trends-on-twitter-next-solana-meme-coin-to-go-viral-after-slerf-and-bome"><span style="font-weight: 400">Slothana Crypto ICO Trends On Twitter, Next Solana Meme Coin To Go Viral After $SLERF And $BOME?</span></a></li> 
 <li style="font-weight: 400"><a href="https://insidebitcoins.com/news/mantle-price-prediction-mnt-goes-ballistic-with-36-surge-as-this-world-first-ar-vr-presale-charges-towards-3m"><span style="font-weight: 400">Mantle Price Prediction: MNT Goes Ballistic With 36% Surge As This World-First AR/VR Presale Charges Towards $3M</span></a></li> 
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Meme Coin Sector Introduces Crypto To A Wider Audience, May Become New Asset Class, Messari Says

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