a16z Crypto CTO: Memecoin has created a negative public perception of cryptocurrency and has a destructive impact on the market

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A16Z Crypto CTO Eddy Lazarrin posted on the X platform, "Memecoin has changed the way the public, regulators, and entrepreneurs think about cryptocurrency. At best, it looks like a risky casino. Or a series of false promises that cover up a casino. This deeply affects adoption, regulations/laws, and the behavior of builders. I see these destructions every day. You should see them too."

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Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
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