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Coin Telegraph

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Image Credit: Coin Telegraph

Listing an altcoin traps exchanges on 'forever hamster wheel' — River CEO

  • River Financial CEO warns that listing altcoins on exchanges leads to an endless cycle of launching memecoins.
  • River Financial is a Bitcoin-only financial institution focused on long-term wealth accumulation.
  • The memecoin market cap has decreased by 27.94% in the past 12 months.
  • While altcoins alongside Bitcoin have been profitable for exchanges, some traders see memecoin listings as validation of credibility.

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