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Can Memecoins Like Shiba Inu and PEPE Outlast Skepticism and Scandal? News ETHNews

Summary by ethnews.com

Memecoins like Dogecoin and Shiba Inu gained popularity but face skepticism due to extreme volatility and lack of real-world utility. Brian Armstrong compares memecoins to Bitcoin’s early days, citing community support, but critics highlight insider trading and market manipulation. Memecoins, digital tokens inspired by internet jokes, have become a polarizing force in cryptocurrency markets. While some investors view them as high-reward opportun…

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Can Memecoins Like Shiba Inu and PEPE Outlast Skepticism and Scandal? News ETHNews

Memecoins like Dogecoin and Shiba Inu gained popularity but face skepticism due to extreme volatility and lack of real-world utility. Brian Armstrong compares memecoins to Bitcoin’s early days, citing community support, but critics highlight insider trading and market manipulation. Memecoins, digital tokens inspired by internet jokes, have become a polarizing force in cryptocurrency markets. While some investors view them as high-reward opportun…

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ethnews.com broke the news in 1 day ago on Friday, February 21, 2025.

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