Mike Novogratz believes that memecoins, despite criticism, play a central and growing role in the cryptocurrency economy.
The concentration of memecoins in the hands of a few investors increases the risks of manipulation and volatility.
Caitlyn Jenner, Iggy Azalea and other celebrities have launched cryptographic tokens, causing sharp rises followed by dramatic falls.
Meme coins are back in the game, according to numerous crypto experts. This niche was in a slump since the middle of 2023 after PEPE’s 9000% surge.
Elon Musk, the richest man in the world, is back at it again. On July 20, 2023, he declared Twitter to be a dog- and Dogecoin-friendly place. His seemingly harmless tweet could have major implications for the price of the Dogecoin crypto.