Coinbase CEO: Individuals are not meme token traders and should encourage those trying to create lasting value

2025-02-20 09:20:31

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ChainCatcher news, Coinbase CEO Brian Armstrong posted: "Recently, Meme tokens have attracted a lot of attention, and some people have asked me how I view them. Personally, I am not a Meme token trader (except for a few test trades), but they have become very popular. You could say they have been with us from the beginning, and Dogecoin remains one of the most popular tokens. Even Bitcoin is a type of Meme coin. We should keep an open mind about the development direction of Meme coins.

Recently, some Memes have clearly gone too far, to the point where insider trading is happening. We should clear out the bad actors and encourage those who are trying to create lasting value. We want to bring the next billion users on-chain, and the only way to do that is to build the products and services that people want."

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