8h05 ▪
4
min read ▪ by
Associating Internet memes with the world of cryptos: an improbable marriage or a stroke of genius? This divides opinions. Between satire turned market phenomenon and astronomical capitalization, memecoins are redefining the codes of value creation. But beyond the digital dogs and cats, what is the real impact of this new trend on the crypto ecosystem? The answer lies in the numbers and market dynamics.
When Memecoins Disrupt the Rules of Investment
What started as a joke on the Internet, with projects like Dogecoin, has today taken unexpected proportions. According to DWF Labs, memecoins embody a profound transformation of investment mechanisms. Gone are the lengthy financial validations before raising funds: thanks to blockchain, everything moves faster, sometimes even too fast.
Here's to starting off the new year with our latest institutional report 📰
This edition 'Reel-ing in the Money' explores how memecoin culture is changing the market🔥
Beyond a temporary market trend, the memecoin phenomenon signifies an important shift in how value is created,… pic.twitter.com/Qv6uvI9lYm
— DWF Labs (@DWFLabs) January 2, 2025
In 2024, the total capitalization of memecoins skyrocketed by 500%, rising from 20 billion to 120 billion dollars. An astonishing figure that demonstrates investors’ attraction to these atypical assets.
Why this success? On one hand, the simplicity and speed offered by blockchain. On the other hand, a young and innovation-hungry community, for whom memecoins represent a playful and accessible way to create wealth.
Key Figures:
- 500% growth in 2024;
- 120 billion total capitalization;
- Continuous rise of animal-themed assets.
As DWF Labs explains in its report, these cryptos are no longer just jokes. They illustrate a fundamental change in the perception and distribution of economic value.
Crypto Market Share: Memecoins Lurking
The emergence of memecoins comes with a redistribution of cards in the crypto market. Long disregarded, these assets are now overshadowing classic altcoins. Animal themes and tokens inspired by internet trends dominate, but innovation doesn’t stop there.
Andrei Grachev from DWF Labs predicts a future where artificial intelligence and crypto culture will merge to give birth to “agentic memecoins”.
According to the DWF Labs report, blockchain has energized the creation of digital assets. The result? Memecoins are becoming fully-fledged financial instruments, capable of attracting institutional capital. Grachev adds:
“The themes evolve, but the community spirit of memecoins remains a constant.”
While some detractors see it as a threat to the credibility of the ecosystem, others applaud the audacity and creativity of these projects. In any case, the market share of memecoins continues to rise, and nothing seems capable of stopping this ascent, even if it means toppling Bitcoin.
In summary, memecoins are deeply divisive. Major figures like Vitalik Buterin and CZ do not hold back their words, denouncing their potential destructive impact on the crypto ecosystem. Yet, their popularity does not wane, confirming that these meme cryptos are here to stay, for better or for worse.
Maximize your Cointribune experience with our “Read to Earn” program! For every article you read, earn points and access exclusive rewards. Sign up now and start earning benefits.
La révolution blockchain et crypto est en marche ! Et le jour où les impacts se feront ressentir sur l’économie la plus vulnérable de ce Monde, contre toute espérance, je dirai que j’y étais pour quelque chose
DISCLAIMER
The views, thoughts, and opinions expressed in this article belong solely to the author, and should not be taken as investment advice. Do your own research before taking any investment decisions.
