Ki Young Ju Warns Against Overvaluing Memecoins
10/7/2024 9:37:19 AM
According to Ki Young Ju, the evolution of financial markets into meme cult communities is evident due to social media influence. However, he cautions that this trend does not imply that current memecoins will define the future of financial markets. Drawing a parallel with Bitcoin, he notes the emergence of many Bitcoin-like 'shitcoins' in the past, and advises against directing liquidity into such assets, suggesting a prudent approach for traders. (Source)
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