CoinDesk·3 min read·medium
Crypto's institutional influx has killed the memecoin craze
O
Omkar Godbole
✦AI Summary
Institutional investment in Bitcoin has led to a decline in the market dominance of memecoins like DOGE and SHIB. Capital is shifting toward major assets as the crypto market matures and integrates with traditional finance.
The crypto market continues to mature with growing institutional participation, and memecoins are paying the price.
cryptoeconomybusiness
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