Top Crypto by Social Dominance 1- #Bitcoin $BTC 2- #Dogeco | CRYPTO DOMINIUM on Binance Square

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CRYPTO DOMINIUM

27 Jul 2023

Bullish

Top Crypto by Social Dominance1- #Bitcoin  $BTC
2- #Dogecoin $DOGE
3- #Ethereum $ETH
4- #WorldCoin $WLD
5- #Solana $SOL
6- #XRP $XRP

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Cathie Wood Warns: Most Memecoins Will Become Worthless Ark Investment CEO Cathie Wood has issued a stark warning about the future of memecoins, predicting that most of them will eventually become worthless. Speaking with Bloomberg Television, Wood highlighted how blockchain technology and artificial intelligence are fueling the creation of millions of new memecoins, many of which lack real value. Unlike Bitcoin, Ethereum, and Solana, she believes these speculative assets will not survive long-term. Despite their popularity, memecoins remain highly volatile, often driven by trends rather than fundamental utility. The U.S. SEC’s decision in February to leave memecoins unregulated reinforces the risks involved. "Buyer beware," Wood cautioned. "There’s nothing like losing money for people to learn. The SEC is not taking responsibility for these assets." While she acknowledges that some may become digital collectibles, she remains bullish on Bitcoin, Ethereum, and Solana, citing their growing real-world applications. As the crypto market surpasses $2.6 trillion, investors may soon see a natural selection process, where only the strongest projects survive. #MemeWatch2024 #CryptoNewss $ARKM $BTC $ETH

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