Most Tech Altcoins Are Just VC-Backed Meme Coins, Says Pump.fun Founder
In a social media post dated February 3, 2025, Alon Cohen, co-founder of Pump.fun, criticized tech-focused altcoins by equating their value propositions to those of meme coins, albeit with notable drawbacks. Cohen highlighted these altcoins' low circulation, inflated valuations, and the strategic in