Crypto Holders It's Dangerous and Stupid
Read summaryThe video discusses the rise of meme coins in the crypto market, with mainstream influencers and celebrities launching their own coins. While some meme coins are performing well, others are seen as dumb and risky investments. The popularity of meme coins is growing, with influencers from outside the crypto world joining in on the trend. Despite the frothiness of the meme coin space, the demand for these assets remains high. Some meme coins like Brett and Pepe have reached new all-time highs, with the market cap for meme coins continuing to rise. The speaker acknowledges the cringe factor of web 2 influencers launching meme coins but promotes the virtuous nature of web 3 meme coins. Overall, meme coins are viewed as a popular and potentially lucrative investment opportunity in the current crypto market. 😄🚀💰
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