Arthur Hayes: Don't think meme coins are stupid! Positive benefits for blockchain

Arthur Hayes, co-founder of cryptocurrency exchange BitMEX, said in an interview with Real Vision on March 30 that meme coins introduce new users to the blockchain by injecting power. and engineers to bring value to the cryptocurrency industry. You can think that meme coins are stupid and worthless, but if meme coins can bring more attention and engineers to this industry, it will have positive value to the blockchain itself and the blocks that can support this culture The chain will be a valuable chain.

Arthur Hayes added that Solana and Ethereum are the blockchain networks that will gain the most attention from meme coins.

Since November, activity on the Solana chain has grown significantly following the memecoin craze. In the following months, many non-memecoin projects were launched on the Solana chain, and at the same time, a large number of BRC-20 generations Network and development activity on Bitcoin has also increased significantly, driven by the coin and Ordinals craze.

According to Cointelegraph’s report, Raoul Pal believes that due to the “game mentality” of Generation Z and Millennials, meme coins may become more and more popular among young investors: It’s the same thing, just Just playing games with money.

Raoul Pal and Arthur Hayes agree that interest in meme coins will continue for some time to come. Solana’s on-chain meme coin dogwifhat (WIF) is expected to be advertised at the Las Vegas Sphere complex in the coming months.

Vitalik Buterin also has a positive attitude towards meme coins

Ethereum founder Vitalik Buterin expressed his views on meme coins last month. He pointed out that meme coins allow people to feel democracy, Open, meme coins are interesting, not just to issue currency, but to make a "game", a truly meaningful and interesting game.

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