Young Americans see Meme coins as a new path to economic independence, but scholars warn to follow the risks.

Odaily News As traditional wealth accumulation methods become increasingly difficult, more and more young Americans are viewing Meme coins as an alternative path to achieving economic independence and financial freedom. These crypto assets, based on internet culture and popular trends, are still seen by some as a possible route to the “American Dream” despite their high volatility and risk. Joe McCann, founder of Asymmetric Hedge Fund, pointed out that some members of Generation Z are turning to crypto asset investments due to “financial nihilism.” They are more inclined to invest a few hundred dollars in Meme Coins rather than traditional 401(k) retirement accounts. However, financial scholar David Krause warns investors to understand the actual uses and technological foundations of tokens to avoid blindly following trends. (The Washington Post)