GuShiio.com GuShiio.com learned that Musk compared memecoin to a casino in a podcast interview with Joe Rogan, warning investors not to invest their life savings in such risky assets. He called the memecoin craze a bigger fool theory, such as the musical chair game, in which the last person to enter loses. Musk mentioned that DogeCoin was originally a playful cryptocurrency experiment involving memes and dogs, and later evolved into a cultural phenomenon. Although he once supported it, he sounded cautious this time. Joe Rogan also called memecoin craze madness, pointing out its volatility.
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