CoinVoice has learned that, according to The Block, DWF Labs pointed out in its year-end report that meme coins have transformed into a 'complex vertical market'. Meme coins represent an 'unprecedented' opportunity for value creation, the company stated, and the combination of 'social dynamics' and 'financial markets' is not just a fleeting trend but represents a new investment paradigm. For instance, Dogecoin, which was initially a satirical commentary on cryptocurrency, has now developed into a complex vertical market that attracts significant capital flows and institutional attention.

Additionally, DWF Labs noted that the market capitalization of meme coins surged from $20 billion to $120 billion, a growth of 500%. The company believes this trend may continue into the new year. [Original link]