When Cryptocurrency Exchange lists the first Altcoin, sets an endless period to start Memecoins and warns the Bitcoin -only executive.
Alex Leishman, a river financial CEO, is joining Memecoins’ Forever Hamster Wheel at the moment of adding a token instead of Bitcoin on March 29. Leishman said, “If you don’t list the tokens issued in ETH, It is meaningless and the same is true.
River is not interested in creating a “successful encryption casino.”
Leishman said that there are many “successful encryption casinos”, but I’m not interested in building buildings. River Financial is a financial institution dedicated to Bitcoin, which focuses on purchasing and selling BTC (Bitcoin). Some companies have chose Bitcoin -only approaches, including swan bitcoin, bull bitcoin and distributed exchange BISQ.
LeiShman argued that multi -asset trading platforms prioritize short -term speculation on asset accumulation.
“Casino business models are built around the maximum extraction of customers, and Bitcoin -only models focus on building long -term wealth.”
Critics published this point in Memecoin Uptrend in early 2024. In April 2024, Eddy Lazzarin, the chief technical officer of A16Z, said that it interferes with the long -term vision of encryption, which maintained its original builders with many memo coins.
Lazzarin said, “It looks like a dangerous casino at best.
Memecoin market cap has decreased 27.94% over the past 12 months. source: Coinmarketcap
According to CoinmarketCap data, since January 1, Memecoin’s market cap has been significantly stagnant since early 2025. According to CoinmarketCap data, Memecoin’s market cap dropped from almost 49%to $ 440 billion at the time of publication.
However, altcoins were historically more volatile than Bitcoin, but with Bitcoin, it was an advantage for encryption exchange and brokers.
relevant: Are you waiting for the Altcoin season? It suggests that data is already here
On February 12, Robinhood, which provides some cryptocurrency to customers, reported 700%year -on -year from the import of cryptocurrency in the fourth quarter of 2024.
Some traders seem to interpret the Memecoin Listing of the exchange as a reliable verification. Twelve of the 15 Memecoins listed by Crypto Exchange Binance in 2024 were found to have increased significant value since they were published in Exchange, and the apparent Onchain Analyst AI_9684XTPA announced in November.
Coingecko founder Bobby Ong speculated that Memecoin market could be directed to “extreme power laws.”
magazine: Steven Goldfeder, a co -founder and a basic roll -up: Arbitrum