Jason Calacanis Calls Meme Coins a 'Giant Scam'
- —Calacanis: "I have nothing to do with any meme coins and never will"
- —Warned he will never ask anyone to buy or sell assets via social media or DMs
- —Previously called Bitcoin's recovery a "dead cat" bounce and questioned its relevance
- —Advised against buying meme coins unless you can afford to lose 100% of your money
Why it matters: Public criticism from a well-known investor adds to the meme coin backlash and could sway retail sentiment.
Source: U.Today