Posted 4/7/2024, 2:20:00 PM
Fantom Founder Eyes Meme Coin Framework Amid Explosive Growth
- Fantom founder Andre Cronje is exploring launching meme coins on the Fantom blockchain
- Cronje aims to create a framework for launching and protecting community-driven meme coins
- Meme coins have seen explosive growth recently, with the market cap nearly tripling to $56B in 2022
- Lower fee blockchains like Solana have seen lots of meme coin activity and trading volume
- Concerns remain around the security and utility of meme coins, though some see societal benefits
