DWF Labs has launched a $20 million Meme Fund to invest in innovative, creative memecoin projects across various blockchain ecosystems. This chain-agnostic fund aims to support projects with strong communities and unique ideas, having previously backed tokens like $FLOKI, $TURBO, and $CAT. This initiative reflects a growing trend of investment in memecoins, often driven by social media platforms like TikTok, where memecoin trends have been observed.