Ark Invest’s Cathie Wood is one of the supporters of Crypto and Blockchain Technology. As the CEO of ARK Invest, Wood built its approved “accredited” arguments “and pushing the innovation fund to the ARK 23 billion dollars In the origins. In addition to its profitable choices, Wood is a well -known analyst in the industry.
In its latest statement, Wood predicts that most Memecoins will become “worthless” because these assets only depend on the noise, with no realistic use.
In an interview, Wood has argued that the combination of artificial intelligence with Blockchain technology is born millions of Memecoins that are likely to be valuable. She added that her company, Ark Invest, does not plan to invest in Memecoins.
Image: Gemini Imagen
Cathy Wood says that most of the mines will end “inevitable”
Most of the so -called miminat that overwhelms the coded currency area of 2.6 trillion dollars will likely end “without value” Cathiedwood.
A mixture of Blockchain technology and artificial intelligence is … pic.twitter.com/n6j27op2m
– Metaera (@Metaerahk) March 19, 2025
He will not have any value soon?
in Bloomberg interviewCathy Wood expressed her feelings on Memecoins, a group of origins created using artificial intelligence and Blockchain technology. According to her, many of these currencies will soon become value.
Ark Invest CEO Cathie Wood. Source: Patrick T. Fallon/AFP via Getty Images
Memecoins are the types of digital origins that were initially created as jokes and JAB in the popularity of bitcoin and is often a reflection of current trends and events. Last February, the Securities and Stock Exchange Committee (SEC) stated that such currencies are not securities but are still organized.
Buyers from memecoins, beware
In the Bloomberg interview herself, Wood talked about her visions and recommendations about the MEME encryption. When asked about these assets, Wood mentioned investors and holders. She shared a high possibility that investors can lose money with Memecoins and that the organizers, including SEC, will not bear full accountability.
Wood’s statement comes amid increasing interest and demand for these assets after US President Donald Trump took office. Trump launched a Mimi symbol that rose in the first few days, but is currently being confused.
Wood also stated that these mines will turn into “digital mosque elements”, some of which may bear the time test, including Trump’s currency. Last January, Wood warned against investing in the Trump code, saying that this origin has no real benefit.
Ark Investt received $ 80 million from $ BTC From Coinbase today
Ark Invest buys bitcoin pic.twitter.com/fmpyona15a
Archham (Rechham) March 13, 2025
Wood is still optimistic about bitcoin and others
Meanwhile, Wood kept her bullish behavior on Bitcoin and the broader encryption market. I stated that the use of Bitcoin, Solana and Eter are expanding and will become important to society.
Modern reports revealed that Wood recently bought 997 bitcoin worth $ 80 million through Coinbase, which confirms its commitment to higher assets.
Wood has constantly predicted that Bitcoin will pass a million dollars in the market value by 2030. However,, Bitcoin Less than $ 82,000 is traded, a decrease of about 13 % this year.
Distinctive photo of Pexels, tradingView graph
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