
Bitcoin.com News|Mar 21, 2025 21:31
🚨💔 Cathie Wood, CEO of ARK Investment Management, warns that meme coins may not have the staying power investors hope for! In a recent Bloomberg interview, she cautioned that many of these tokens could end up "worthless." 📉💸
With the meme coin market cap at 53 billion, Wood emphasizes that none of her funds are investing in these unregulated assets, which the SEC does not classify as securities. "Buyer beware," she advises, highlighting the risks involved.
While Dogecoin leads the pack, new projects like Trump coin are making waves, but Wood believes they may ultimately become digital collectibles. Despite her concerns about meme coins, she remains bullish on Bitcoin and other digital assets, noting their growing use cases.
What are your thoughts on the future of meme coins? Let us know!
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