Crypto Enthusiasts Advocate $13M Bitcoin Loans Amid Memecoin Mania as Wall Street Prepares to Accumulate

A growing sentiment among crypto enthusiasts suggests that billions of people could achieve significant wealth by investing in Bitcoin. Advocates like Michael Saylor propose that governments should approve loans against Bitcoin collateral, valuing it at $13 million per Bitcoin. This idea is gaining traction as Wall Street prepares to accumulate more Bitcoin. Meanwhile, the rise of memecoins has led many investors to overlook fundamental developments in more substantial projects, potentially missing out on emerging winners. Additionally, the trend of launching NFTs as memecoins continues, reflecting the broader 'memecoin mania'.