Memecoin projects are expected to launch their own layer 1 or layer 2 networks in the future, according to Yat Siu, co-founder of Animoca Brands. In an interview with CoinDesk, Siu said that memecoins are "no longer just coins; they are building their own communities and ecosystems." He added that memecoins are "cultural tokens by nature" that create narratives that resonate with people beyond hype and speculation. Siu's comments come as several memecoin projects have already announced plans to launch their own networks. For example, Dogecoin (DOGE) is working on a new blockchain called Libdogecoin, while Shiba Inu (SHIB) is developing a layer-2 network called Shibarium. The launch of these networks could help memecoins to become more independent and less reliant on existing blockchains. It could also lead to the development of new use cases for memecoins, such as decentralized finance (DeFi) and non-fungible tokens (NFTs). ```

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