As Dogwifhat price surges, Solana founder's take on meme coins sparks debate
, has broken his silence on the phenomenon of meme coins. Yakovenko took to social media to address the growing trend, offering insights into his perspective on the controversial tokens.Yakovenko's remarks come amid Dogwifhat's remarkable climb to becoming the 29th most capitalized meme coin, boasting a market value of $4.7 billion.
Memecoin are bad, but if they donate to a public good then they have paid a penance for the bad thing.I’d rather see people that hodl a memecoin change their behavior and go do something good, like walk dogs at a dog shelter and encourage…While acknowledging the cultural allure and frenetic nature of the crypto market fueling Dogwifhat's rise, Yakovenko refrained from passing judgment on meme coins as inherently good or bad.
Gamza graduated with a degree in finance and credit with a specialization in securities and financial derivatives. He then also completed a master's program in banking and asset management. He wants to have a hand in covering economic and fintech topics, as well as educate more people about cryptocurrencies and blockchain.Blockhain Sophon Secures $10M in Funding from Renowned Investors While Shrouded in Mystery
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