Share this article

Memecoins Under Fire as BTC Lullfest Below $100K Revives Memories of 2018

Attendees at Consensus saw memecoins as net negative for the broader crypto market. Some expected the SEC to approve ETFs tied to top altcoins.

By Omkar Godbole|Edited by Sheldon Reback

Updated Feb 24, 2025, 6:34 p.m. Published Feb 24, 2025, 11:42 a.m.

Memecoin frenzy sucks out liquidity from BTC and the broader crypto market. (geralt/Pixabay)