Mike Novogratz Says Meme Coins Are Good for Economy

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Mike Novogratz is bullish on meme coins and sees their longer term survival

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions.

Memecoins - whether you're a fan or not - have become a cornerstone of the crypto economy... In today's market, they're one of the most powerful narratives out there. At, a Solana-based meme coin that has since seen its market capitalization surge to more than $3 billion. The billionaire investor noted that in Galaxy Digital’s estimation, the meme coin market is close to $60 billion, with Dogecoin, Shiba Inu and PEPE dominating the arena.

 

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