Mark Cuban on Rug Radio slammed memecoins as "long scams" with no real value. 🪙
- Cuban compared memecoin trading to "playing roulette" and "musical chairs."
- He believes memecoins are based on the "greater fool" theory, where investors hope to sell assets for more to the next buyer.
- While some memecoins like PEPE and WIF have shown gains, the market has quickly erased their gains.