Dogecoin

Base

A panel of cryptocurrency experts discussed the evolving role of memecoins, agreeing that these popular cryptocurrencies are unlikely to disappear anytime soon, but disagreeing on whether use cases should play a role in their growth.
Chris Newhouse, Research Director at Cumberland Labs, defended the potential use cases for memecoins, saying: “Being able to add utility to memecoins and monetize them, that’s an additional factor that you really can’t ignore.” He suggested that pairing humor with functionality could increase long-term viability.
However, Genia Mikhalchenko, Business Development Lead at Douro Labs, offered a different perspective, saying that the fact that memecoins have a use case is “ultra bearish” for these tokens.
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When discussing potential competitors to established ecosystems, Dudas expressed optimism for Coinbase’s Base network but noted its current limitations. “Base doesn’t have enough tokens yet and needs to have a strong token ecosystem,” he said. Despite this, Dudas predicted that Base could eventually emerge as a rival chain in the memecoin space.
The panel concluded that memecoins will continue to be a staple of the crypto market due to their unique combination of humor, culture, and speculation.
*This is not investment advice.
 Continue Reading: <a href="https://en.bitcoinsistemi.com/are-dogecoin-and-other-memecoins-here-to-stay-or-just-a-fad-experts-give-their-opinion/" rel="noopener noreferrer nofollow">Are Dogecoin and Other Memecoins Here to Stay or Just a Fad? Experts Give Their Opinion</a>

Are Dogecoin and Other Memecoins Here to Stay or Just a Fad? Experts Give Their Opinion

Bitcoin Sistemi EN

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