A recent study by Bybit, “Beyond the Hype: The Realities of Institutional Memecoin Investments,” unveils a sharp rise in institutional investors’ engagement with meme coins. The report covers data from January to May, showing a 226% surge in institutional memecoin allocations from February to March, reaching $204M. Although allocations dipped due to market sentiment, the $139M holding by the end of the period still indicates a 125% increase since the year’s start.
