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Cardano Founder Slams Meme Coins As ‘Worthless’, Warns Speculators

Bitcoinist LogoBitcoinist12h ago

Cardano Founder Slams Meme Coins As ‘Worthless’, Warns Speculators - Bitcoinist

Quick Summary:

Charles Hoskinson, the founder of Cardano, delivered a scathing critique of meme coins in a live stream broadcasted on Halloween, October 31, 2024.

Speaking from Colorado, Hoskinson addressed the current state of the crypto market, focusing particularly on the proliferation and perceived inherent flaws of meme-based cryptocurrencies.

Hoskinson also took aim at the role of social media in perpetuating the meme coin phenomenon.

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Cardano Founder Slams Meme Coins As ‘Worthless’, Warns Speculators - Bitcoinist (Picture 1)

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Article Details

Author / Journalist: Jake Simmons

Category: Crypto

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-01 @ 22:30:24 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinist.com

Language: English

Article Length: 577 words

Reading Time: 4 minutes read

Sentences: 40 lines

Sentence Length: 15 words per sentence (average)

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

Copyright Owner: © Bitcoinist

News ID: 23367120

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About Bitcoinist

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Main Topics: Crypto

Official Website: bitcoinist.com

Update Frequency: 12 posts per day

Year Established: 2014

Headquarters: Hungary

News Last Updated: 9 hours ago

Coverage Areas: Hungary

Ownership: Independent Company

Publication Timezone: GMT +8:00

Content Availability: Worldwide

News Language: English

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API Access: Available (JSON, REST)

Website Security: Secure (HTTPS)

Publisher ID: #105

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The story "Cardano Founder Slams Meme Coins As ‘Worthless’, Warns Speculators" was covered 12 hours ago by Bitcoinist, a news publisher based in Hungary.

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  • URL: https://beamstart.com/news/cardano-founder-slams-meme-coins-17305023472325

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