Appchain Noble CEO: Meme coin "retail craze" may repeat the mistakes of NFT
Jelena Djuric, CEO of Appchain Noble, expressed skepticism about the lifespan of these tokens in the market, despite the continued development of Meme coins. "Similar to ICO and NFT, it will not last forever, and it will be interesting to see what happens next because it will inevitably end," she said. As of August 14th, CoinGecko listed 1673 types of Meme coins with a total market value of approximately $41 billion. However, Djuric believes that Meme coins are just the latest stage of "retail frenzy" in cryptocurrency.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Crypto Hackers Breach India’s Supreme Court YouTube Channel
Rexas Finance (RXS) Addresses Market Problems of Real-World Assets Tokenization
MicroStrategy Buys 7,420 Bitcoins Shortly After $1.01B Debt Offering
Indian Supreme Court’s YouTube Channel Hacked to Promote Crypto Scam
Trending news
MoreCrypto prices
More
