Bitwise CEO: "Meme Coins, Culturally-Centric Collectibles... Providing Liquidity to the Market"
Uk Jin
Summary
- Bitwise CEO stated that meme coins are a different type of asset compared to Bitcoin.
- He mentioned that meme coins act as culturally-centric collectibles and provide liquidity to the market.
- He explained that meme coins will continue to exist based on their distinction from Bitcoin.
Hunter Horsley, the CEO of the cryptocurrency asset management firm Bitwise, argued that Bitcoin (BTC) and meme coins are different types of assets.
On the 9th (local time), CEO Horsley stated on his X (Twitter), "Meme coins are different from Bitcoin. They are like culturally-infused collectibles, such as autographed baseballs or limited edition merchandise."
He added, "Meme coins are tokenized and serve the role of providing liquidity to the market. They are different from Bitcoin or other cryptocurrencies. Meme coins will continue to exist."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
