ether.fi CEO: Meme coins are a cancer, 98% of players lose money

Odaily News Mike Silagadze, CEO of ether.fi, wrote on the X platform that Meme coins are a cancer, and on-chain data shows that more than 98% of players are losing money, which is more predatory than the worst casinos. How long will it take for the Meme coin "economy" to exhaust all available players? After they are eliminated, will they have a positive impression of cryptocurrency?