❗ Kathy Wood from Ark Invest, a renowned investor and expert on Bitcoin and cryptocurrencies, has warned about meme coins.

Regulators prefer not to intervene, and most meme coins will devalue, she says. This means that buyers could lose everything without any chance of getting their money back.

The meme coin season has been on the decline since last year. It’s already clear that most of them will lead to nothing. I hope you managed to avoid losses!