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Dave Portnoy: Memecoins Are 'Legalized Ponzi Schemes'

CoinDesk Podcast Network

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Exploring Trends and Risks in the Meme Coin Market

This chapter explores the volatile nature of meme coins, comparing them to Ponzi schemes while reflecting on personal experiences in the crypto market. The speaker discusses the cyclical trends of meme coins and the challenges of implementing blockchain in new ventures, all while aiming to balance profit with fan engagement.

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