Mark Cuban on Memecoins on the Rug Radio Podcast 🎙️

- Cuban thinks memecoins are just "musical chairs" and have no real value.

- He compares investing in memecoins to playing roulette, based on the "Greater Fool" theory.

- Despite their strong communities, memecoins lack resilience and are susceptible to "rug pulls."

🔥 2024 - The Year of Memecoins?

- In the past 30 days, 381,401 new memecoins were created on the Solana network.

- Many tokens lost 99% of their value in just a few days of trading.

- Popular memecoins like PEPE gained 30% in value during the week of September 27, but fell again in early October.

👉 What do you think about the future of memecoins? Comment now!