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CZ comments on P Youngster's monopoly of meme coin early chips: No need for third-party intervention for now
Summary: In a Chinese AMA session, CZ commented on P Youngster's monopoly of meme coin early chips, stating that it is a form of decentralization to some extent. CZ believes that this phenomenon does not currently require third-party intervention as early meme coin investors take on certain risks and subsequent buyers conduct independent research. Regarding CZ's ...
In a Chinese AMA session, CZ commented on P Youngster's monopoly of meme coin early chips, stating that it is a form of decentralization to some extent. CZ believes that this phenomenon does not currently require third-party intervention as early meme coin investors take on certain risks and subsequent buyers conduct independent research. Regarding CZ's tweet sparking meme frenzy, CZ mentioned that true memes need references and historical stories, with only a few having real value. CZ stated that the failure rate of meme coins is over 90%, and investors need to take responsibility for their choices.
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Link: CZ comments on P Youngster's monopoly of meme coin early chips: No need for third-party intervention for now [Copy]