The bull market brings a surge in meme coins like WIF, whose wild success highlights the speculative and illogical side of crypto

in blockchain •  6 months ago 

https://www.forbes.com/sites/digital-assets/2024/03/19/a-close-look-at-the-meme-coin-wif/
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A new bull cycle is underway in the crypto market, and with it comes meme coins like WIF, a token based on a Shiba Inu dog meme.

WIF's price has skyrocketed this year, reaching a market cap of $2.5 billion, but its future is uncertain due to its speculative nature and lack of utility.

Despite the risks, meme coins like WIF are attracting new users to the crypto space.

Beware of meme coin hype!!

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