According to Nic Carter, the era of memecoins, which are tokens with little utility beyond speculative trading, is over. Initially, memecoins appeared to offer a fair trading opportunity for retail investors, but recent scandals and unfair launches have allowed insiders to dominate the market. Carter believes regulators will take action against insider trading and expects the market to shift towards more sustainable and fair token launches. In the future, he sees increased legitimacy in DeFi tokens and a focus on assessing the fundamentals of tokens rather than speculation. While some traders may be disappointed, Carter argues that the end of the memecoin sector is a positive development.



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