River CEO Has No Interest in Listing Altcoins out of Fear of ‘Forever Hamster Wheel of Memecoins’

WikiBit 2025-03-31 22:39

The CEO of the Bitcoin (BTC)-focused exchange River says he has no interest in providing access to anything other than the flagship crypto asset. In a

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The CEO of the Bitcoin (BTC)-focused exchange River says he has no interest in providing access to anything other than the flagship crypto asset.

In a post on the social media platform X, River CEO Alexander Leishman says crypto exchanges that list altcoins – which is almost all of them – have become more like casinos stuck on a “forever hamster wheel of memecoins.”

According to River, currency debasement is vastly larger than officially admitted, and is the reason the exchange is Bitcoin-focused.

Source: River/X

At time of writing, Bitcoin is trading for $82,100.

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