Meme Coins Are 'Just a Little Bit Above Gambling,' OSF Says

  • 📰 CoinDesk
  • ⏱ Reading Time:
  • 24 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 13%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, joins 'First Mover' to discuss the fundraiser that aims to send the dogwifhat meme coin to the Las Vegas Sphere, and the recent hype around meme coin pre-sales. Plus, the impact of meme coins on the Solana ecosystem.

Canary Labs and Rekt Brands co-founder Ovie Faruq, aka OSF, joins "First Mover" to discuss the fundraiser that aims to send the dogwifhat meme coin to the Las Vegas Sphere, and the recent hype around meme coin pre-sales.Meme coins are stealing the spotlight with presales and one in particular meme is on its way to Las Vegas. The dog with fat community has managed to raise more than their $650,000 target to put that cute little pup with the hat on, on the Las Vegas sphere.

And the first challenge was like, oh, can we get this thing to a billion dollar market cap? And then is that 2 billion and 3 billion? And, and I think that the abs the absolute, you know, haven and, and massive target for any meme coin really is like, can you rival the likes of Shee and Doge and, and, and she and Doja, I think are around a 20 to $25 billion market cap, which is, you know, another 10 X from where we are now almost in, in terms of prices.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 291. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Meme Coins Going Legit Is the Worst Thing for Meme CoinsDaniel Kuhn is a deputy managing editor for Consensus Magazine. He owns minor amounts of BTC and ETH.
Source: CoinDesk - 🏆 291. / 63 Read more »

'Meme Coins Harm Crypto Industry,' Says CryptoQuant CEO Amid SHIB and WIF HypeAmid recent hype surrounding meme coins like BOME and SLERF, CryptoQuant CEO Ki Young Ju delivers stark warning
Source: Utoday_en - 🏆 295. / 63 Read more »

Meme coins are falling more than 10%, PEPE among themBOME's price dropped by almost 50% after an impressive 3000% rally.
Source: FXStreetNews - 🏆 14. / 72 Read more »

Top 5 Meme Coins to Watch in 2024: Will These Outperform Bitcoin?Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

Top Meme Coins WIF, PEPE, SHIB, FLOKI, and BONK Skyrocket Triple Digits Weekly (Market Watch)Crypto Blog
Source: Crypto_Potato - 🏆 568. / 51 Read more »

SHIB, WIF Climb 60% as Shorts Lose $50M Betting Against Meme CoinsShaurya is the Deputy Managing Editor for the Data & Tokens team, focusing on decentralized finance, markets, on-chain data, and governance across all major and minor blockchains.
Source: CoinDesk - 🏆 291. / 63 Read more »