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Appchain Noble CEO: Meme coin "retail craze" may repeat the mistakes of NFT

Appchain Noble CEO: Meme coin "retail craze" may repeat the mistakes of NFT

CointimeCointime2024/08/14 04:36
By:Cointime

Jelena Djuric, CEO of Appchain Noble, expressed skepticism about the lifespan of these tokens in the market, despite the continued development of Meme coins. "Similar to ICO and NFT, it will not last forever, and it will be interesting to see what happens next because it will inevitably end," she said. As of August 14th, CoinGecko listed 1673 types of Meme coins with a total market value of approximately $41 billion. However, Djuric believes that Meme coins are just the latest stage of "retail frenzy" in cryptocurrency.

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