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Memecoins will end up ‘worthless,’ says ARK Invest CEO

Summary by Fintech News
By Trisha Husada hare ARK Invest CEO Cathie Wood predicts that memecoins will wind up becoming ‘worthless.’ However she believes some coins like TRUMP will ‘withstand’ the test of time. In an interview with Bloomberg television, Wood revealed that she does not use her private funds to invest in these coins. This is because she believes that most of the viral coins floating around in the market, millions of them spawning from internet memes and…
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Fintech News broke the news in on Wednesday, June 25, 2025.
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