
- The meme coin market cap rose from $20 billion in January to $120 billion in December 2024, marking a 500% growth.
- DWF Labs’ report suggests that meme coins have evolved into a sophisticated market vertical.
- Meme coin market growth points to the acknowledgment of social capital as a source of value, says DWF Labs.
In a report on Thursday, DWF Labs revealed that the meme coin market cap skyrocketed over 500% in 2024 following a change in how investors perceive their value, especially among the younger generation.
Meme coin sector growth represents new form of value creation
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