Bloomberg analyst: Meme coin trading is basically a game of musical chairs for adults

Odaily Planet Daily News: Eric Balchunas, senior ETF analyst at Bloomberg, commented on the sharp rise of Jailstool in the past 24 hours in an article on the X platform. He said: "Meme coin trading is basically a game of musical chairs for adults." (Note: Music Chairs actually refers to a well-known entertainment activity, usually translated as "chair game". The core of this game is that participants walk or dance around the chairs to the rhythm of the music. When the music suddenly stops, participants need to quickly grab a chair and sit down.)