Summary
- Bitwise CIO Hougan stated that the current crypto market is digesting the meme coin craze.
- Hougan mentioned that meme coins played a negative role in certain incidents.
- He predicted that meme coins would disappear within six months.
Bitwise Chief Investment Officer (CIO) Matt Hougan has expressed critical views on meme coins.
On the 25th (local time), Hougan stated through his X (Twitter) that "what the crypto market is currently digesting is the meme coin craze."
Hougan pointed out the negative role meme coins played in recent incidents. He stated, "With dumping incidents related to MELANIA, LIBRA, and others, plus the Bybit hacker using meme coins to launder stolen funds, meme coins will disappear within six months."
Uk Jin
wook9629@bloomingbit.ioH3LLO, World! I am Uk Jin.
