Home Finance Memecoins are like Powerball for crypto followers: Matrixport exec

Memecoins are like Powerball for crypto followers: Matrixport exec

0
Memecoins are like Powerball for crypto followers: Matrixport exec

Memecoin patrons are taking part in the crypto equal of Powerball – with many ‘taking part in’ in hopes of successful ‘life-changing money’, however just a few will stroll away with the jackpot, says supervisor Matrixport search.

Memecoins have seen an enormous resurgence over the previous week. Crypto tokens equivalent to Pepe (PEPE) and Milady (LADYS) boasted dizzying value spikes although every has little or no discernible utility.

Value of the Pepe token since its launch on April 14. Supply: CoinGecko

Professionals and Whales nonetheless get FOMO too

Proceed studying on Coin Telegraph

LEAVE A REPLY

Please enter your comment!
Please enter your name here