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coinpedia 2024-09-15 08:10:59

Crypto Thought of the Week: Could Memecoin ETFs Be Coming Soon?

The post Crypto Thought of the Week: Could Memecoin ETFs Be Coming Soon? appeared first on Coinpedia Fintech News Meme coins, driven by viral internet memes and social media hype, have surged in popularity despite their often lack of utility. Coins like Dogecoin and Shiba Inu have reached astonishing valuations, making them some of the highest valued projects in crypto. Their popularity stems from factors such as social media-driven FOMO, celebrity endorsements (e.g., Elon …

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