PANews reported on October 27 that Castle Island Ventures co-founder Nic Carter posted on the X platform that Memecoin is largely a response to the oppressive regulation of the SEC; if the SEC regulates rationally, the market demand for Memecoin will decrease. Nic Carter also said that if Trump wins, it may have a negative impact on the Memecoin market.
Castle Island Ventures co-founder: Trump's victory may have a negative impact on the Memecoin market
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