Memecoins like Fartcoin are riding Trump’s victory to huge valuations. Experts say it may have only begun.

“Because they’re worthless, you’re betting on the ‘greater fool,’” he said, referring to the idea that someone else will pay a higher price for a given memecoin. “You’re thinking, ‘I’m early to this, someone will buy the bags.’ But there’s no underlying driver of its value.”

Source: Memecoins like Fartcoin are riding Trump’s victory to huge valuations. Experts say it may have only begun.