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Are meme coins really going to decline? Industry influencers clarify their statements taken out of context
【Crypto World】On January 23rd, a senior executive of a leading exchange responded on social media to a controversy regarding meme coins. Previously, someone took a sentence out of context and insisted it meant “meme coins are doomed,” which caused quite a panic in the crypto community.
The actual original statement was: Most meme coins won’t go very far, but those with genuine cultural value can survive long-term. This is actually a fairly objective judgment, neither overly pessimistic nor overly optimistic.
Regarding this “blunder,” industry executives commented: Rumors, hatred, and various conspiracy theories are always easier to spread and more likely to ignite people’s emotions than facts. Some investors habitually follow these emotions without thinking, and what happens? They become part of the group that repeatedly suffers losses, cycling through the same pitfalls. This may sound a bit harsh, but it’s definitely worth reflecting on.