$WIF ‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️‼️Bitwise announced the end of the meme coin boom.

Bitwise's Chief Investment Officer Matt Hougan believes that the market is experiencing the end of the meme coin growth. He links this to a number of factors, including the use of meme coins by the North Korean hacking group Lazarus Group for laundering cryptocurrency.

"All of this will kill the sector. Maybe not today, but within a few months," Hougan wrote.