The social media star is said to have promoted an animal-themed Solana memecoin that went bust soon after it was launched. Mario Nawfal Allegedly Promoted Questionable CHILLA Memecoin When the owner of a social media platform, who also happens to be the world’s richest man, endorses someone, others pay attention. This is partly how 30-year-old […]
Former Coinbase CTO Balaji Srinivasan Rails Against Memecoins, Calls Them ‘Zero-Sum Lottery’
Former Coinbase CTO Balaji Srinivasan criticized memecoins, calling them a “zero-sum lottery” that creates no wealth. Users Told to Invest Only What They Can Afford to Lose Former Coinbase chief technology officer Balaji Srinivasan has criticized memecoins, calling them a “zero-sum lottery.” He argues that these coins create no wealth, and buyers often lose everything […]
2024 in Review: VIRTUAL Top Gainer After 23,000% Surge; Memecoins Dominate
The cryptocurrency market experienced a surge in 2024, with VIRTUAL, the native token of Virtuals Protocol, leading the charge with a staggering 23,000% plus increase in value. Memecoins and AI Popular Narratives in 2024 VIRTUAL, the native token of the decentralized platform Virtuals Protocol, was the top-performing large-capitalization digital asset in 2024, surging more than […]