When the exchange of cryptocurrency is listed at the first altcoin, it puts itself for an endless cycle of the launch of Memecoins, warning from the Bitcoin Foundation only.
“The moment when the exchange adds one symbol other than Bitcoin, they register to be on the hamster forever”, CEO of River Financial He said In the publication of March 29. Lesman said: “It is not logical.
The river is not interested in building a “successful casino”
Lesman said that while there are many “successful encryption casinos”, he is not interested in building one. River Financial is a financial institution of Bitcoin only focusing on buying and selling Bitcoin (BTC). Many companies chose only Bitcoin approach, including Swan Bitcoin, Bull Bitcoin, and Developralized Exchang BisQ.
Leishman claimed that multi -asset trading platforms give priority to short -term speculation about the accumulation of wealth:
“The casino business model is based on the maximum extraction of customers, and the Bitcoin model only focuses on helping people build a long -term wealth.”
Critics have expressed this point before, even during the bullish direction in the early 2024.
“At best, it looks like a risky casino,” Lazarin said.
The ceiling of the Memecoin market has decreased by 27.94 % over the past 12 months. source: Coinmarketcap
The ceiling of the total Memecoin market has taken a significant contraction since the beginning of 2025. Since January 1, the ceiling of the Memecoin market has decreased by approximately 49 % to 48.49 billion dollars at the time of publication, According to To CoinmarketCap data.
However, while Altcoins was historically more volatile than Bitcoin, its introduction alongside Bitcoin was a profitable step for exchange and cryptocurrencies.
Related to: Waiting for the Altcoin season? The data indicates that it is already present
On February 12 /
Some merchants seem to explain the memecoin list in an exchange as a verification of its credibility. AI_9684XTPA said in November, out of the 15 MEMON listed in the Bauran exchange encryption in 2024, he witnessed 12 large value increases after I lived on the stock exchange.
The founder of Coingecko Bobby ONG recently speculated that the Memecoin market could go towards a “severe state of energy law”, as 99.99 % failed and a small number of climbing up and endurance increased.
magazine: Doubted identification founder
Related Articles
