Solana’s Anatoly Yakovenko says memecoins have sucked the life out of every crypto cycle before them

Solana co-founder Anatoly Yakovenko has pointed out that memecoins have repeatedly drained the momentum out of every crypto cycle that came before them. According to him, they dominate the market, leaving other projects struggling for attention. Yakovenko believes the cycles are 90% meme and only 10% actual product. Meme coins stealing the show This current