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Memecoins, a type of cryptocurrency, are gaining attention in the market as they offer better liquidity and are being compared to NFTs. Memecoins are seen as a significant development in the digital assets space, appealing to a broader audience than traditional fine art. They are considered a form of tokenization of NFTs, representing a shift in the art market towards more accessible and culture-driven investments.
NFTs are the tokenization of art, and memecoins are the tokenization of NFTs.
Just in case you want to buy some art with all this meme coin money๐ฌ https://t.co/7UwDXmkx2F
Correct imo, Memecoins are not ONLY nonsense, though they are that too They are an important step into digital assets for their own sake, as culture and speech. Shedding the skin of utility also strengthens the nft art thesis, but way more people will buy memes than fine art https://t.co/XYZ3mn3CaQ