Are people buying memecoins because of cute dogs, or is there some utility to them? In Episode 22 of Hashing It Out with Cointelegraph’s Elisha (GhCryptoGuy), Sara Gherghelas, blockchain research analyst at DappRadar, discusses the recent hype around memecoins while looking at on-chain data. Gherghelas also provides insights on how other sectors, such as nonfungible tokens, are faring while memecoins take off.

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The views, thoughts, and opinions expressed in this podcast are its participants’ alone and do not necessarily reflect or represent the views and opinions of Cointelegraph. This podcast (and any related content) is for entertainment purposes only and does not constitute financial advice, nor should it be taken as such. Everyone must do their own research and make their own decisions. The podcast’s participants may or may not own any of the assets mentioned.