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LOW IMPACT CoinDesk · May 6, 01:07 PM

Memecoin trades carry rare 'seven-leg' parlay odds, BONK's Nom says at Consensus

The BONK core contributor argued memecoins skipping ETF and public-company rails end up rinsing retail.

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The mention of rare parlay odds for memecoins may attract speculative trading, potentially leading to a short-term price increase. However, concerns about retail investors being 'rinsed' could lead to caution among more experienced traders.

AI-generated analysis. For educational purposes only — not financial advice.

The BONK core contributor argued memecoins skipping ETF and public-company rails end up rinsing retail.

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