Adam Back, the father of Bitcoin, has warned investors not to buy MMM coins, which are currently gaining a lot of momentum in the market.



In addition, Back also warned against investing in altcoins, as Blockstream's CEO believes that #Bitcoin is the only investment worth investing in.

Coins have just recovered from the success stories of Pepe (PEPE) and Dogwifhat (WIF). Additionally, there is also the Influxcoin from Iggy Azalea that is currently on trend.

As reported by U.Today, former Goldman Sachs analyst Murad Mahmudov recently commented that investors in the market should focus on investing in coins, especially , but he advised to avoid those with a not very large market cap.

Going back to March, Joe Weisenthal, co-host of Bloomberg's 'OddLots' podcast, attempted to explain the success of meme coins, arguing that they cater to 'disproportionate speculation'
BTC-3.4%
PEPE-4.55%
WIF-4.64%
JOE-7.11%
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