Part 6/8:
The Reckoning and Shift in the Crypto Landscape
With public outcry over the disturbing behaviors stemming from investment strategies rooted in memecoins, industry leaders like CZ (Changpeng Zhao)—founder of Binance—have expressed concern over the current state of memecoins. Acknowledging their potential, he remarked that the phenomenon is indeed getting “a little weird.” This call for a return to fundamentals resonates with many in the community as alternative coins (altcoins) like XRP and ADA start gaining traction.