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MoonPay President: Meme Coins Will Revive in New Forms

MoonPay President: Meme Coins Will Revive in New Forms

ChaincatcherChaincatcher2025/12/15 02:20
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ChainCatcher news, according to Cointelegraph, MoonPay President Keith Grossman believes that meme coins have not disappeared; their core innovation lies in tokenizing attention at a low cost, breaking the platform monopoly in the attention economy. He pointed out that before crypto technology, only platforms, brands, and a few influencers could monetize attention, while the value created by ordinary users—such as likes and trends—was captured by centralized platforms.

According to CoinGecko data, meme coins were once the best-performing crypto asset class in 2024, but suffered heavy losses in Q1 2025 due to multiple collapses. The meme coin issued before Trump’s inauguration plummeted from $75 to $5.42, a drop of over 90%; the Libra token endorsed by Argentine President Milei collapsed, with 86% of holders losing more than $1,000 per transaction, triggering investigations and calls for impeachment.

Grossman compared the current pessimistic forecasts to the misjudgments after the social media bubble burst in the early 2000s, believing that meme coins will revive in new forms.

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