EXCLUSIVE: Anthony Scaramucci Predicts Trend Line Of Memecoins Will Be Toward Zero — 'Not My Business' To Trade In 'Rapid Speculation'

Benzinga_recent_news11-07

Anthony Scaramucci, founder of SkyBridge Capital and vocal cryptocurrency advocate, predicted that meme coins will eventually trend toward zero. During an exclusive chat with Benzinga, Scaramucci said...

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That’s my prediction,” stated the former White House Communications Director.\nScaramucci said he finds little utility in these assets, specifically pointing to the Official Trump (CRYPTO: TRUMP) token.\n“If you want to trade in rapid speculation, that’s not my business,” he added.\nSee Also: Anthony Scaramucci Was ‘Willing’ To Risk His Business For Bitcoin During The 2022 Crypto Winter\nDiscussing other cryptocurrencies, Scaramucci stated that Bitcoin (CRYPTO: BTC) “deservedly” earned its reputation as a “digital property” and a “digital gold.”\nHe revealed that Skybridge’s strategy is to select three to five Layer-1 tokens that will exist and see increased adoption and utility over the next five years. \nApart from Bitcoin, he has been bullish on the prospect of Ethereum (CRYPTO: ETH) and Solana (CRYPTO: SOL)\nScaramucci currently serves as a strategic advisor to AgriFORCE Growing Systems Ltd. (NASDAQ:AGRI), a firm focused on Avalanche (CRYPTO: AVAX), as well as to AlphaTON Capital Corp. (NASDAQ:ATON), which holds a treasury of Toncoin (CRYPTO: TON). \nRead Next: \nImage via Shutterstock","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"-1","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.11","shortVersion":"4.35.11","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2581507556","isCrawlerRequest":true}