No to memcoins!
Oct 22, 2024 | by cs | Today: are memcoins really taking over the market? Why are memcoins a big problem? Also, let's talk about the solution to the memcoin problem....
Today: are memcoins really taking over the market? Why are memcoins a big problem? Also, let's talk about the solution to the memcoin problem
Have memcoins taken over the market? No, no one category of cryptocurrency has an advantage, if you think memcoins have taken over the market then you should definitely stop reading some X accounts
Now let's talk about why memcoins are a big problem for the crypto industry. Imagine if the stock market had the main assets were stocks of companies that post memes on X, think about whether big investors would come to the stock market, and in general what the public would think about the stock market, it's the same with cryptocurrency now, the problem is not only the reputation, but also the fact that the market is polluted, the exchanges are overcrowded, it's very sad
Now about the solution to the memcoin problem. To solve this problem we need to understand where so many useless tokens come from, they come from the simplicity of their creation, blockchains give the opportunity to create tokens for a few clicks, and all that is needed to solve this problem is to complicate the creation of tokens, not a bad option is to remove this possibility, and crypto exchanges need to start removing tokens right now
I advise everyone to realize that memcoins are a gigantic problem, if you don't understand it then reread the article several times