While meme coins grab headlines, a bigger story might be brewing. Are we seeing a flood of VC-backed "tech" coins designed for a quick exit, not long-term value?
These projects often shill massive future valuations (FDVs) with tiny user bases and questionable tech. Investors are growing wary of this "200 million market cap, 8 billion dollar potential" narrative.
The real innovation might be happening elsewhere.
(image source- btcacademy)
What do you think? Are meme coins a harmless distraction or a sign of a bigger problem? Let us know in the comments!
