What's your opinion on this? Do you think the "meme" coins craze will move the industry away from being a utilitarian one to a speculative one? Will the hype last forever? Do you think crypto will do fine with "meme" coins in the way?
Apart from the fact that memecoin has reduce the initial purpose of cryptocurrencies as payment method to investment ideology, I personally do not have problems with memecoins.
For sure the crypto industry will do well with or without the memecoins in it, but for the fact that they already exist what then can we do it's just best to maximise the opportunity which memecoins offer, hence profit is being made.
I don't really know, about how long memecoins will last but for each memecoin it depends on how good or reputable the coin has been in the market that will determine it's longevity, in the crypto space every thing has its own time and hype and I believe it's still meme time and when it's done it will begin to disappear from the space.