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forbes.com
🌐 85% Global Worthiness
Memecoin Market Cap Surpasses \$127 Billion, Outpacing Utility Projects
As of 2024, memecoins boast a \$127 billion market cap, exceeding utility-focused projects; PEPE's \$9 billion valuation exemplifies the power of community and cultural relevance, but maintaining this requires combating bot activity and fostering long-term engagement.
Memecoin Market Cap Surpasses \$127 Billion, Outpacing Utility Projects
As of 2024, memecoins boast a \$127 billion market cap, exceeding utility-focused projects; PEPE's \$9 billion valuation exemplifies the power of community and cultural relevance, but maintaining this requires combating bot activity and fostering long-term engagement.
Progress
40% Bias Score
Reduced Inequality
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