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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

  • Cryptocurrency exchanges that list altcoins are on a 'forever hamster wheel' of launching memecoins.
  • Bitcoin-only institution River Financial CEO, Alex Leishman, warns of the short-term speculation focus of multi-asset trading platforms.
  • Altcoins have historically been more volatile than Bitcoin but offering them alongside Bitcoin has been lucrative for exchanges and brokers.
  • The memecoin market cap has slumped almost 49% since the beginning of 2025.

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