Appchain Noble CEO: Meme coins' 'retail frenzy' may repeat the mistakes of NFTs

Odaily Planet Daily News: Jelena Djuric, CEO of Appchain Noble, expressed skepticism about the longevity of $meme coins in the market, despite the ongoing development during the $Meme Coin Season. She stated, "Similar to ICOs and NFTs, it won't last forever. It will be interesting to see what happens next as it will inevitably come to an end." As of August 14th, CoinGecko listed 1673 $meme coins with a total market value of approximately 41 billion USD. However, Djuric believes that $meme coins are just the latest phase of cryptocurrency's 'retail frenzy.' (Cointelegraph)