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Memecoins are like a ‘risky casino’ — Andreessen Horowitz exec

The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Memecoins are like a ‘risky casino’ — Andreessen Horowitz exec

The chief technology officer of VC firm Andreessen Horowitz said that memecoins are like risky casinos that deter real builders from the crypto ecosystem.

Why this matters

This cryptocurrency story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

Original source

Read on Cointelegraph

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