Young Americans see Meme coins as a new path to economic independence, but scholars warn of risks

Odaily Planet Daily News: As traditional wealth accumulation methods become increasingly difficult, more and more young Americans regard Meme coins as an alternative way to achieve economic independence and wealth freedom. These cryptocurrencies based on Internet culture and popular trends, despite their high volatility and high risks, are still seen by some as a possible path to the "American Dream." Joe McCann, founder of Asymmetric Hedge Fund, pointed out that some Generation Z have turned to cryptocurrency investment because of "financial nihilism." They prefer to invest a few hundred dollars in Meme Coin rather than a traditional 401(k) retirement account. But financial scholar David Krause warned that investors should understand the actual use and technical basis of tokens to avoid blindly following suit. (The Washington Post)