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Benzinga
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From Memes to Markets: Inside Crypto's Push To Turn Attention Into an Asset Class

1. NFT and meme coins are transitioning into measurable attention-based assets. 2. Investors consider attention assets for significant structural market shifts. 3. The creator economy could reach $894 billion by 2032, indicating growth potential. 4. Prediction markets may offer clarity in measuring cultural attention effectively. 5. Institutional belief signaled by $150 million funding for Farcaster ecosystem.

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FAQ

Why Bullish?

The introduction of attention assets could reshape investor focus and market dynamics, similar to the rise of tech stocks post-dot-com era, impacting S&P 500 positively.

How important is it?

This emerging asset class could influence market trends and stock valuations within the S&P 500, particularly for tech and growth-focused sectors.

Why Long Term?

As the attention asset class develops, it may foster new investment strategies, resembling the gradual adoption of ETFs that transformed market liquidity and investor behavior.

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