😱🫨Galaxy Digital CEO gave the secret of profit in Memecoins!
Galaxy Digital CEO #MichaelNovogratz reiterated his interest in memecoins in a post on X, calling it the "cornerstone" of the cryptocurrency industry.
“People are making money from memecoins, and there are two ways to get rich on memecoin investments,” Novogratz said in a June 13 video from Business Untitled, noting that these are current trends. Novogratz says that the first step is to choose the right memecoin to invest in.
Michael Novogratz surprises with comments on rumors of memecoins
Memecoin maximalist Michael Novogratz said his son-in-law about memecoins, taking:
“Yes I couldn't he is a great memecoin investor, I didn't think there was such a thing until I met the guy and he continues to make money, never sells, loves #DOGE , loves WIF. "You can choose #WIF , when you first see it you may just laugh, but now its value is 3 billion dollars."
According to Novogratz, the second way to make a profit in memecoins is to create a memecoin.
These developments follow a June 3 report from Galaxy Digital that challenged recent criticism that memecoins are just a temporary trend, given that early powers create wealth.
“Some say the memecoin trend is temporary. “But as we have continued before, the desire to make quick money has always sustained memecoins,” he said.
However, other names of cryptocurrencies, memecoins, were not supported that much.