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meme coin purchasersCNBC
•Business
Business & Economics
83% Informative
Meme coins "typically have limited or no use or functionality" and are "more akin to collectibles," SEC says.
Agency: "A meme coin does not constitute any of the common financial instruments specifically enumerated in the definition of 'security' The clarification comes after a rapid rise of such cryptocurrencies following the election of President Donald Trump .
VR Score
85
Informative language
85
Neutral language
57
Article tone
informal
Language
English
Language complexity
63
Offensive language
not offensive
Hate speech
not hateful
Attention-grabbing headline
not detected
Known propaganda techniques
not detected
Time-value
medium-lived
External references
2
Source diversity
2
Affiliate links
no affiliate links