Viewpoint: Meme coins and celebrity coins have actually become a channel for extracting value from retail investors

ChainCatcher news, Chainlink's well-known community contributor Zach Rynes pointed out that the view of meme coins and celebrity coins as an entry point for ordinary users into the cryptocurrency space has been proven wrong.

He stated that these tokens actually constitute a value extraction channel aimed at retail investors, and financial nihilism has become a negative factor in cryptocurrency culture.