Many cryptocurrency projects focus on providing value to users while others, known as memecoins, gain popularity through internet attention. Memecoins, such as Dogecoin, are controversial as they have high
market values, but lack any actual product or business model. Critics argue that these coins undermine the true understanding of cryptocurrency’s potential, leading to skepticism about the entire industry.
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<p>The post Divisive Memecoins: The Questionable Value of Internet-Driven Tokens first appeared on CoinBuzzFeed.</p>
