The Matrixport top manager compared investments in memeen tokens with lottery – Bits Media

Head of Matrixport research department Marcus Tilen (Markus Thielen) compared investments in memeen cryptocurrencies with enthusiasm for lottery games.

In an interview with Cointelegraph, Marcus Tilen noted, that in recent weeks meme tokens have experienced a huge surge. IN The beginning of the month of capitalization, dedicated to the frog Pepe, exceeded $1 billion, and sales of collection tokens Milady grew more than 2 000%, What contributed to TSLA CEO Ilon Mask (Elon Musk). Tilen noted, that despite the stunning jumps in courses of such tokens, They have no practical value.

“Many people from low social classes play the lottery - in this way they try to get out of the lower classes and increase their well -being. They risk lottery, to make money with lightning speed, And it is very similar to memegling cryptocurrencies ", - said Tilen.

Tilen noted, that many users, Especially young people, Buy memcoirs for entertainment. They are betting on their popularity, What undermines the principles, Lying out long -term investments. The value of meme tokens depends on the mood of the community, Therefore, their course is almost impossible to predict.

The Matrixport top manager warned investors from investments in memcoids, The development team of which is unknown, And the roadmap of the project is missing. Tilen noted, that selling such tokens, you need to have time to save your investments in time and leave at the right time, Therefore, when buying high-risk assets, it is important to set stop-loss.

Recall, that recently Coinbase cryptocurrency exchange also spoke badly about memeen cryptocurrencies, in particular, о Pepe. This caused a wave of indignation in the crypto community.