Memecoins Overtake AI as Top Strategy for Blockchain Chains
Memecoins have become the most important strategy for blockchain chains to attract users and liquidity, according to KuCoin.
The intersection of hype and technological progress has led to AI being a major focus area, but memecoins currently dominate mindshare, with 6 out of every 10 posts on CryptoTwitter (CT) being about them.
Many people see memecoins as the best opportunity to make money during a bear market, but liquidity is thin and constantly rotates from one chain to another whenever a new narrative captures attention.