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ARK Invest’s Cathie Wood Issues Grim Prediction for Memecoin Market

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ARK Invest’s Cathie Wood Issues Grim Prediction for Memecoin Market - CoinGape

Quick Summary:

With the advent of new tokens, the memecoin market has recently drawn interest from investors worldwide, but Cathie Wood, the Founder and CEO of ARK Invest, is not convinced.

She warns that most will eventually lose value because these tokens rely on celebrity hype.

Similarly, her comments state that the crypto market remains volatile.

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ARK Invest’s Cathie Wood Issues Grim Prediction for Memecoin Market - CoinGape (Picture 1)

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Article Details

Author / Journalist: Godfrey Benjamin

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-03-18 @ 21:18:03 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: coingape.com

Language: English

Article Length: 442 words

Reading Time: 3 minutes read

Sentences: 41 lines

Sentence Length: 11 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinGape

News ID: 27158800

View Article Analysis

About CoinGape

CoinGape Logo

Main Topics: Crypto

Official Website: coingape.com

Update Frequency: 22 posts per day

Year Established: 2017

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

RSS Feed: Available (XML)

API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #59

Publisher Details

Frequently Asked Questions

How long will it take to read this news story?

The story "ARK Invest’s Cathie Wood Issues Grim Prediction for Memecoin Market" has 442 words across 41 sentences, which will take approximately 2 - 4 minutes for the average person to read.

Which news outlet covered this story?

The story "ARK Invest’s Cathie Wood Issues Grim Prediction for Memecoin Market" was covered 18 hours ago by CoinGape, a news publisher based in India.

How trustworthy is 'CoinGape' news outlet?

CoinGape is a fully independent (privately-owned) news outlet established in 2017 that covers mostly crypto news.

The outlet is headquartered in India and publishes an average of 22 news stories per day.

It's most recent story was published 8 hours ago.

What do people currently think of this news story?

The sentiment for this story is currently Negative, indicating that people regard this as "bad news".

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  • News ID: #27158800
  • URL: https://beamstart.com/news/ark-invests-cathie-wood-issues-17423327339001

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