PANews July 28 news, according to Decrypt, last weekend, Solana co-founder Anatoly Yakovenko set off a heated discussion in the crypto Twitter circle. Although the Solana chain has made hugePANews July 28 news, according to Decrypt, last weekend, Solana co-founder Anatoly Yakovenko set off a heated discussion in the crypto Twitter circle. Although the Solana chain has made huge

Solana Co-founder: Meme Coins and NFTs Are “Digital Garbage”

2025/07/28 19:48
1 min read

PANews July 28 news, according to Decrypt, last weekend, Solana co-founder Anatoly Yakovenko set off a heated discussion in the crypto Twitter circle. Although the Solana chain has made huge profits from Meme coin activities, he still criticized Meme coins and NFTs as "digital garbage". When interacting with Base founder Jesse Pollak, he tweeted to emphasize that the two have no intrinsic value, and also compared such digital assets to the "unboxing" mechanism of free games.

Pollak's remarks were in response to critics comparing creator tokens on Zora with anonymous Meme coins on Pump.fun. He said that content and creators have value, and it is a logical fallacy to think that the two assets are equal. Yakovenko believes that these tokens are the product of viral transmission, and buyers want to transfer them while they are hot. Pollak countered that tokens are a powerful technology that enables creators to flow value, and those who disagree can insist on the view that "content has no value."

Market Opportunity
Memecoin Logo
Memecoin Price(MEME)
$0.0007864
$0.0007864$0.0007864
-1.47%
USD
Memecoin (MEME) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

GCC and India to sign terms for start of free trade talks

GCC and India to sign terms for start of free trade talks

The Gulf Cooperation Council (GCC) and India reportedly will sign terms of reference on Thursday to resume talks aimed at finalising a free trade agreement.  Indian
Share
Agbi2026/02/05 13:45
PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale

PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale

The post PEPE Holders Looking For The Next 100x Crypto Set Their Sights On Layer Brett Presale appeared on BitcoinEthereumNews.com. Crypto News 18 September 2025 | 01:13 The Shiba Inu price prediction has regained investor attention this month as meme coin traders shift strategies ahead of Q4. While SHIB and PEPE continue to dominate headlines, many early holders are now hunting for the next breakout. Layer Brett (LBRETT), a new Ethereum Layer 2 meme coin, is quickly emerging as a top contender. Shiba Inu price prediction: Ecosystem grows but limited short-term upside Shiba Inu (SHIB) is currently priced at $0.00001307, showing slow but steady performance this September. Despite the relatively quiet price action, SHIB’s long-term vision is continuing to take shape. With the rollout of Shibarium, its Layer 2 network, Shiba Inu is transitioning from meme coin status to ecosystem coin. That said, analysts believe that short-term price action remains capped unless broader meme coin interest returns in full force. Resistance levels near $0.000015 remain tough to crack without major catalysts or a spike in retail enthusiasm. For now, Shiba Inu price predictions remain cautious, with most calling for gradual moves higher rather than a sudden breakout. Still, SHIB’s loyal community and expanding ecosystem keep it on the radar for long-term holders, especially those betting on its metaverse and DeFi ambitions to mature into stronger use cases by 2025. PEPE struggles to reclaim momentum after early hype PEPE exploded onto the meme coin scene in 2023 and gained massive traction with retail investors. However, the token’s parabolic rise was followed by a sharp correction. Currently priced around $0.00001087, PEPE still maintains a large following, but the lack of clear development or new utilities has left holders searching for alternatives with more potential. With many early PEPE investors now down from peak levels, attention has shifted to lower-cap meme coins that offer actual utility and early entry benefits. While PEPE may…
Share
BitcoinEthereumNews2025/09/18 07:02
Morning brief: Asian stocks slump as AI capex fears grow, silver plunges

Morning brief: Asian stocks slump as AI capex fears grow, silver plunges

Asian markets retreated on Thursday as investors rotated out of technology stocks amid mounting concerns over the escalating cost of artificial intelligence investment
Share
Coinstats2026/02/05 13:56