March 31, 2025
Unending Demand
River Financial CEO Alex Leishman warned that adding even one altcoin, meme coin or otherwise could turn an exchange into a “crypto casino,” where the demand for meme coins and speculative assets is unending and often overshadows cryptocurrencies with real value.
Leishman, along with Bitcoin-only firms like Swan Bitcoin, promotes Bitcoin as a long-term wealth tool, contrasting it with the high-risk, speculation-driven model of multi-asset exchanges.
Short-Term Surges
The meme coin market has dropped nearly 49% in 2025 but exchanges still see short-term trading surges from meme coin listings.
In 2024, Robinhood’s crypto revenue soared 700%, driven by meme coin demand, showing the tension between volatility-driven profits and long-term stability.
