Bitwise CEO: Meme Coin Creates Liquid Global Market and Will Exist for a Long Time

Odaily News Bitwise CEO Hunter Horsley said in a post on X: “Meme coins will exist for a long time. They are not Bitcoin.
So what are they? As an analogy, what is a signed baseball? What is your favorite band's merchandise? What is your 'Harvard' branded hat? What is a limited edition gold coin? They are culturally charged collectibles.
In the case of meme coins: they are tokenized, creating a liquid global market. It’s not Bitcoin or a crypto asset, it’s something else. And it’s here to stay.”