The Rise of Memecoins: When Speculation Replaces Reality I’ve been around markets long enough to know when things start getting… detached from reality. And folks, when people are flying across the country to attend “memecoin conferences”, we’re not just near the top—we’re flirting with it. Let me put this in plain English. Memecoins aren’t businesses. They don’t produce goods. They don’t generate earnings. There’s no balance sheet, no cash flow, no underlying asset. The only reason they go up is because someone else is willing to pay more later. That’s not investing. That’s musical chairs with real money. And I’ve seen this movie before. Why Memecoins Have No Floor (And That’s the Real Danger) Here’s the part most people don’t…
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