Mark Cuban Calls Meme Coins “Rug Pulls in Progress” But Acknowledges Community Appeal

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Mark Cuban Calls Meme Coins "Rug Pulls in Progress” But Acknowledges Community Appeal In a recent interview with Rug Radio, billionaire investor and entrepreneur Mark Cuban expressed skepticism about meme coins, describing them as "rug pulls in progress,” according to Decrypt.

In a recent interview with Rug Radio, billionaire investor and entrepreneur Mark Cuban expressed skepticism about meme coins, describing them as “rug pulls in progress,” according to Decrypt.

Unlike many smaller meme coins, Dogecoin has a significant market cap and has been embraced by various businesses and payment processors, lending it a degree of legitimacy that many meme coins lack.

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Article Details

Author / Journalist: Sonam Aggarwal

Category: Crypto

Markets: IndiaCuba

Topics: Mark Cuban Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-10-04 @ 02:37:11 (15 hours ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 745 words

Reading Time: 5 minutes read

Sentences: 33 lines

Sentence Length: 23 words per sentence (average)

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

Copyright Owner: © BitcoinWorld

News ID: 22874826

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About BitcoinWorld

Main Topics: Crypto

Official Website: bitcoinworld.co.in

Update Frequency: 26 posts per day

Year Established: 2020

Headquarters: India

News Last Updated: 8 hours ago

Coverage Areas: India

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Publisher ID: #121

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