Vitalik: Crypto users participate in Meme coins because of possible increase in value, fun and other reasons
BlockBeats news, on March 29, Vitalik Buterin, co-founder of Ethereum, wrote, “In principle, people participate in memecoin because (i) its value may rise, (ii) they feel that memecoin is democratic and open, and anyone can are all available to participate in, and (iii) they are fun. I respect people’s desire to have fun, and I would rather see the crypto space dance with this trend in some way than against it. So I’d like to see higher Quality, interesting projects that contribute positively to the ecosystem and the world around them (beyond just “attracting users”). At the very least, there should be more good memecoins than bad ones, and ideally should support public goods rather than just benefit insiders and creators. "