Memecoins the subsequent catalyst for crypto adoption — DappRadar analyst

In episode 22 of Hashing It Out with Cointelegraph’s Elisha Owusu Akyaw, Sara Gherghelas, blockchain analysis analyst at DappRadar — a cryptocurrency knowledge monitoring platform — discusses the latest hype round memecoins, whereas on-chain knowledge. Gherghelas additionally supplies insights on how different sectors, corresponding to nonfungible tokens (NFTs), are faring as memecoins take off.

Gherghelas believes we’re in a memecoin period. From her perspective, once you point out Web3 or cryptocurrencies in 2023, many individuals will affiliate the phrases with memecoins. Gherghelas says there have been a number of memecoin cycles within the cryptocurrency area, however this time is totally different as a result of the pattern has been sustained for a extra prolonged interval.

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