According to BlockBeats, on October 27, Mike Dudas, founder of 6th Man Ventures, shared insights on the X platform regarding the evolving nature of Memecoin. Dudas emphasized that Memecoin has emerged as a compelling asset class, akin to NFTs, and is rapidly diversifying in style as experimental efforts increase. He identified several distinct categories within the Memecoin landscape, including community coins, cult coins, celeb coins, and AI coins.