A16z Exec Blasts Meme Coins: They Make Crypto Look 'Like a Risky Casino'. https://static.news.bitcoin.com/wp-content/uploads/2024/04/4581875a-33ea-4b21-8894-c3337ebfe24d.jpg
According to Lazzarin, meme coins alter how the public, regulators, and entrepreneurs perceive the crypto industry. He believes that they can create a perception of a risky casino or a series of false promises, which can negatively affect adoption, regulatory actions, and the behavior of developers within the space