ChainCatcher news, Bitwise CEO Hunter Horsley posted on X: "Meme coins will exist for a long time. They are not Bitcoin.So what are they? As an analogy, what is a signed baseball? What is the merchandise of your favorite band? What is your 'Harvard' branded cap? What are limited edition gold coins? They are culturally rich collectibles.In terms of meme coins: they are tokenized, creating a global market of liquidity. They are not Bitcoin or crypto assets, but something else. And they will exist for a long time."