According to Odaily Planet Daily, Appchain Noble CEO Jelena Djuric said that while the Meme Coin Season is still moving forward, she is skeptical about the longevity of these tokens in the market.
Djuric believes that meme coins, similar to ICOs and NFTs, will not last forever. She said it will be interesting to see what happens next because it will inevitably end.
As of August 14, CoinGecko lists 1,673 meme coins with a total market value of approximately $41 billion. Djuric believes that meme coins are just the latest stage of "retail mania" in cryptocurrency.
