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Banking Memecoins: Inside the International Meme Fund

IMF lets $PEPE, $MOG and other memecoins become loan collateral, bringing isolated Morpho‑based credit markets to memes.
Banking Memecoins: Inside the International Meme Fund
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In crypto investing, short-tail assets are blockbuster assets that are highly liquid and routinely traded, like BTC, ETH, SOL, etc. In contrast, long-tail assets are smaller, less liquid, and see more infrequent trading.

If you're a degen onchain trader, you're no stranger to the long-tail end of the spectrum where memecoins live and die.

That said, the memecoin market is currently larger than $69 billion per CoinGecko! And the meme verticals on various chains, like Base, seem poised to grow much more in the years ahead.

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William M. Peaster

Written by William M. Peaster

892 Articles View all      

William M. Peaster, Senior Writer, has been with Bankless since January 2021. Immersed in Ethereum since 2017, he writes the Metaversal newsletter on the onchain frontier, covering everything from AI projects to crypto games, as the team’s lead NFT analyst. With a background in creative writing, he writes fiction and publishes art on Ethereum in his free time.

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