[Avalanche (AVAX) co-founder expresses support for Meme coin]
The Avalanche Foundation has announced the addition of meme coins to its investment portfolio. In response, Ava Labs co-founder Emin Gün Sirer responded to the decision on
Emin Gün Sirer believes that the Avalanche Foundation’s entry into the meme coin industry is commendable and likens it to an emphasis on culture. He said that for individuals, the value of meme coins is not limited to its technology or market performance, but more of a reflection of cultural and market influence. He also compared the purchase of meme coins to owning a luxury brand like Balenciaga. Although it may not have additional practical value, it suits a specific audience and has a positive impact on the market.
In addition, Emin Gün Sirer also reminded investors to pay attention to the risks of meme coins. The price of meme coins is driven by discourse, and their value can quickly fade once they lose their interest. Nonetheless, some meme coins on the Avalanche blockchain such as Coq Inu, Husky Avax, and Shibavax have all experienced significant price increases in recent days.
#鴉快訊 $AVAX
The Avalanche Foundation has announced the addition of meme coins to its investment portfolio. In response, Ava Labs co-founder Emin Gün Sirer responded to the decision on
Emin Gün Sirer believes that the Avalanche Foundation’s entry into the meme coin industry is commendable and likens it to an emphasis on culture. He said that for individuals, the value of meme coins is not limited to its technology or market performance, but more of a reflection of cultural and market influence. He also compared the purchase of meme coins to owning a luxury brand like Balenciaga. Although it may not have additional practical value, it suits a specific audience and has a positive impact on the market.
In addition, Emin Gün Sirer also reminded investors to pay attention to the risks of meme coins. The price of meme coins is driven by discourse, and their value can quickly fade once they lose their interest. Nonetheless, some meme coins on the Avalanche blockchain such as Coq Inu, Husky Avax, and Shibavax have all experienced significant price increases in recent days.
#鴉快訊 $AVAX