Musk: Meme coins are like a "casino," don't invest your life savings

ChainCatcher news, Musk harshly criticized Meme coins in the latest episode of the Joe Rogan Experience podcast, calling them something akin to a "casino," and warned market participants not to invest their life savings into Meme coins.

Meanwhile, Musk also talked about Dogecoin, adding that Dogecoin initially started as a Meme coin but is more like a joke cryptocurrency involving memes and dogs. Joe Rogan believed that the Meme coin craze is too crazy, especially with people putting real money into it.