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    Why the Media Loves the Worst of Crypto
    Crypto News

    Why the Media Loves the Worst of Crypto

    By Crypto EditorNovember 21, 2024No Comments1 Min Read
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    Why the Media Loves the Worst of Crypto

    Not all crypto tasks have clear worth, nonetheless. Memecoins, digital tokens whose worth is pushed by web consideration somewhat than tangible use, are divisive — even inside crypto circles. For instance, dogecoin, a favourite of Elon Musk, has a market worth exceeding 94% of firms within the S&P 500, regardless of missing a product or enterprise mannequin. Just lately, Chris Dixon, at Andreessen Horowitz, even criticized memecoins’ as undermining understanding of the sector’s utility. If one was on the lookout for a purpose to argue crypto is a rip-off, you possibly can discover it in pockets of the memecoin world.



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