Summary
- Cathie Wood, CEO of Ark Investment, said that the value of most meme coins will converge to zero.
- Wood stated that she will not invest in meme coins with her personal fund.
- She added that she is optimistic about major cryptocurrencies such as Bitcoin, Ethereum, and Solana.
According to the X (formerly Twitter) account of cryptocurrency media outlet WuBlockchain on the 18th (local time), Cathie Wood, CEO of Ark Investment, stated that the value of most meme coins will converge to zero.
She emphasized, "I won't invest in meme coins with my personal fund," adding that "some meme coins will become digital collectibles."
She further added, "I am optimistic about major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), and Solana (SOL)."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
