Few days back Franklin Templeton , A trillion-dollar asset manager dropped a report on memecoins.
In it, Franklin Templeton highlights how memecoins:
* “Require little knowledge, have low fees compared to traditional tokens, and have the potential to provide opportunities for investors to make quick profits.”
* Have a *strong* relationship with their native networks
* Price performance is similar to a meme going viral on the internet.
https://preview.redd.it/9ht80xx8zhoc1.png?width=710&format=png&auto=webp&s=6033c3eb06290e42baf4f56e38571c909791b503
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https://preview.redd.it/t3b65fz9zhoc1.png?width=709&format=png&auto=webp&s=8d4509c0290df1a10ca0e351f84e8e1881716f75
Also Check out [The State of Memecoin in 2024](https://heybeluga.com/articles/the-state-of-memecoins-in-2024/), an article we wrote back in Feburary.
Do you think that memecoin will boom in 2024 ?
Source: self.CryptoCurrency
