TechFlow news — On February 24, in an interview with the crypto podcast Unchained, Dragonfly partner Haseeb Qureshi stated that the meme coin cycle has ended. He compared the current meme coin ecosystem to a casino where each "slot machine" is owned by a different individual, calling this model unsustainable.
Haseeb also pointed out that the hype around celebrity tokens has rapidly cooled down or even passed. Regarding celebrity tokens that exploit communities, Haseeb called for industry-wide unity in refusing to support such token projects, aiming to completely eliminate this phenomenon.
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