Castle Island Ventures: meme fever is largely a reaction to SEC's oppressive regulation
2024-10-27 14:52:04
Castle Island Ventures co-founder Nic Carter said on his social media platform that the meme hype is largely a reaction to the oppressive regulation of the Securities Exchange Commission. If the SEC regulates rationally, there will be less demand for trading meme coins in the market. Nic Carter also said that just as in the past decade, the basic desire to trade meme tokens has always existed.
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