Peter Brandt, a seasoned financial trader, is warning crypto enthusiasts about the risks associated with meme coins and altcoins. He believes that the next market crash could be devastating for these digital assets. Brandt is concerned about investors using excessive debt to chase trends and hoping for enormous returns. He considers meme coins to be the riskiest and warns that they could crash entirely. Brandt predicts that in a market drop, Bitcoin could lose 50% of its value, altcoins could drop 90%, and meme coins could disappear. While he sees potential in Bitcoin as a long-term investment, he expresses concern about the overall market.
- Content Editor ( u.today )
- 2025-01-06
Peter Brandt Warns Meme Coins Could Go to Zero in Next Crash