David Zimmerman is a research analyst at K33 Research.
Memecoins have always been a feature of crypto, but only recently has the sector grown to become a dominant theme in the ecosystem. Memecoin launchpad “” reached over $100 million in revenue after just 217 days of going live, a record for the crypto industry. Sincehit that milestone, the sector has cooled off. As the dust settles, lively debate has broken out as crypto natives lament what memecoins do to the industry’s image.are dead within the first week.
Meanwhile, infrastructure for crypto payments continues to develop. Mastercard recently partnered with Mercuryo, enabling users to spend their self-custodied crypto at more than 100 million merchants.just integrated Ethereum Naming Service, enabling their users to transfer crypto by using readable names instead of traditional wallet addresses., allowing users to transfer crypto as easily as sending a text.
If that were not enough, there is every indication that the $12 billion in tokenized assets on-chain is only the beginning for the RWA sector. BlackRock’s BUIDL fund, a tokenized investment fund focused on U.S. Treasuries and repo agreements, reached over $500 million in capital deployed this summer. BlackRock CEO Larry Fink frequently reiterates the vision to “tokenize all assets”, with BUIDL’s launch in March being just the start.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Cardano Falls, Tron Triumphs: Meme Coins Shake up Crypto RankingsCardano (ADA) sees brutal exit from crypto market's top 10 as Tron skyrockets on meme coin mania
Read more »
Crypto Today: Bitcoin, Ethereum and XRP erase recent gains, traders focus on meme coinsSunpump revenue from token launch The Tron network hit a key milestone with record high daily revenue of $26.83 million on Tuesday.
Read more »
DOGE Surpasses SHIB and Rest of Meme Coins in Key Metric: DetailsDogecoin continues to prove its superiority over rest of meme cryptocurrencies
Read more »
Specific Group of Meme Coins Explode Following Donald Trump’s Recent AnnouncementCrypto Blog
Read more »
Top 3 meme coins Dogecoin, Shiba Inu, Pepe steady with over 30% holders underwaterThe largest meme coins by market capitalization – Dogecoin (DOGE), Shiba Inu (SHIB), and Pepe (PEPE) – swing on Thursday between mild gains and losses, tracking the broader trend in the main crypto assets.
Read more »
Decline in Solana Meme Coins Sparks Record $39M Outflows Amid Bearish ShiftCrypto Blog
Read more »