Memecoins on institutional investors' radar! 📉

- According to a Bybit report, interest in memecoins increased in 2023, but fell due to market volatility.

- Major investors such as A16z and DWF Labs have started investing in memecoins.

- Memecoins attract attention with their low entry barriers and potential for rapid gains.

- However, investors should be careful; market risks are high. 🚨

Don't forget to DYOR!