Andreessen Horowitz (a16z) CTO: Memecoins Undermine ‘Long-Term Vision of Crypto’

On April 24, an exciting debate unfolded on social media platform X involving several leading figures in the cryptocurrency investment community. The discussion, initiated by Michael Dempsey of Compound, centered on the problematic nature of memecoins within the cryptocurrency sector. Michael Dempsey expressed concerns that memecoins were causing more harm than the recent bear market […] source: https://www.cryptoglobe.com/latest/2024/04/andreessen-horowitz-a16z-cto-memecoins-undermine-long-term-vision-of-crypto/