BitMEX co-founder Arthur Hayes offers a perspective on memecoins, challenging the notion that they lack value.

In an interview with Real Vision CEO Raoul Pal, Hayes argues that memecoins play a significant role in attracting attention to blockchain platforms.

Hayes suggests that memecoins contribute positively by drawing new users and developers to the blockchain, enhancing its overall value and utility.

He emphasises that blockchain networks embracing memecoin culture, such as Solana (CRYPTO:SOL) and Ethereum (CRYPTO:ETH), are likely to gain and sustain value over time.

Hayes' stance highlights a growing understanding of memecoins' impact on blockchain technology's growth and adoption.