5 Reasons Meme Coins Symbolize the Dark Side of Web3
In an ecosystem brimming with innovation and the promise of decentralizing the future, meme coins have surged to a somewhat perplexing prominence Drawing in a staggering $56 billion, these digital assets have outpaced sectors fundamentally more critical to the blockchain's long-term vision, such as decentralized physical infrastructure networks (DePINs) and real-world assets (RWAs) It begs the question of what underscores this phenomenon and the impact it holds on the broader web3 conversation The meme coin Paradox: Shiny Objects in the web3 Universe At first glance, meme coins might seem like harmless fun—a digital echo of collectible novelties Yet, beneath this facade lies a troubling trend that veers sharply away from the ethos of web3...
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