Crypto Twitter's Memecoins Make a Comeback

1 min read
Source: Decrypt
Crypto Twitter's Memecoins Make a Comeback
Photo: Decrypt
TL;DR Summary

This week in the crypto industry was marked by the rise of memecoins, with a coin named after Charlie Munger surging 31,000% before crashing, and eight Kissinger-themed coins appearing after the death of Henry Kissinger. Elon Musk's controversial remarks at a New York Times event led to the creation of "Go Fuck Yourself" memecoins. Meanwhile, hopes for a crypto bull market were fueled by the anticipation of the Securities and Exchange Commission (SEC) making a decision on a Bitcoin ETF in early January, which could bring over $1 trillion into the market.

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