Vitalik Buterin Names 7 Reasons Why Meme Coins Are Good for Ethereum

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Vitalik Buterin believes meme coins can bring something fundamental to decentralized networks

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It is understandable if you think meme coins are taking energy away from more important developments. On the other hand, there is a lot to the crypto world. Projects exist in zk reputation/identity, p2p payments, decentralized social networks, prediction markets and more.Despite the fact that meme coins may not have the same long-term impact as more functional crypto projects, they each make a unique contribution to the ecosystem.

Focus on the projects and innovations that are in line with your vision and values going forward. Beyond the meme coin craze, many things are moving crypto forward in meaningful ways. Additionally, it is possible that meme coins will develop in ways that make a more tangible contribution to the ecosystem.Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future.

 

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