Meme Coins Are In An 'Unregulated Untouchable Position,' Trader Notes Main Reason For 'Massive Trading'

Author: Khyathi Dalal | September 05, 2024 12:52pm

Heavily followed crypto trader Jack Sparrow recently articulated what, in his opinion, makes meme coins so alluring.

According to the Bitcoin influencer, who boasts over 250,000 followers on X, it’s all about the lack of regulation and restrictions.

“Memecoins are one of the final frontiers that are somewhat in an unregulated untouchable position,” he wrote on Sept. 1.

See below.

One of the main reasons people are massive on trading memecoins is not the mere fact that the market has chosen and the fundamentals of memes, communities etc are the cornerstone of finance future per se

Memecoins are one of the final frontiers that are somewhat in an…

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