Ignas: The Meme coin is part of a one-cycle trade and should not be held for a long period of time.
2026-09-22 22:41:12
According to CoinMeta, researcher Ignas stated that the popularity of meme currency and tokenized stocks has weakened, with the value of tokenized stocks TVL remaining stagnant for two consecutive weeks. The number of tokens that have been destroyed exceeds the initial issuance volume. He has exited his positions in related LP assets and believes that the capital flow into tokenized stocks on Solana is more sustainable. At the same time, the market attention for WIF and Fartcoin has declined, and DOGE is no longer considered a strong asset. Ignas pointed out that meme currency has a short lifecycle, and investors should not hold Zcat, Cashcat, and other similar meme currencies for a long period.
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Source:Internet
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