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Mark Cuban has a four-word blunt response to memes
Mark Cuban has a four-word blunt response to memes originally appeared on TheStreet.
Billionaire investor Mark Cuban has issued a sharp take on the state of today’s markets, it’s no longer just meme stocks — everything is a meme.
In a conversation with Axios, Cuban contrasted the current market frenzy with the dotcom bubble he famously navigated in the late 1990s. While that era was wild, Cuban argues this one might be riskier, largely due to the power of retail investors and crypto-fueled culture.
“Back then day traders had minimal online resources,” Cuban told Axios. “Now younger traders are far more risk tolerant… They see the volatility of crypto, particularly meme coins, and see stocks as just one more version of meme coins.”
Join the discussion with Scott Melker on Roundtable here.
He added, “..back then it was anyone with a .com could go public… Now anyone can issue a meme coin.”
“From the kids I talk to, they see (Nvidia) and the big 7 the same way. Everything is a meme to individual traders these days.”
Explained: What are meme coins?
Cuban’s take on memecoins
Cuban isn’t shy about his take on meme‑coins — and it’s crystal clear. While he supports crypto with substance, he draws a firm line when it comes to speculative tokens.
Despite investing in Dogecoin and accepting it for Dallas Mavericks tickets, Cuban has repeatedly slammed most meme‑coins as nothing more than a “hustle.” He told:
“I’m not a fan of meme coins. Obviously, it's a hustle. There's no there there. And so it's just like a game of musical chairs with money. Some people make money and some people won't.”
He reacted critically after the dramatic rise and collapse of HAWK coin, pointing out that while the hype can build fast, fundamentals often disappear just as quickly. Cuban expressed sympathy for the young creator behind it but made no excuses for the risk:
“It wasn't something she fully understood… I'm not mad at Haliey at all. I feel bad for her… what's done is done.”
Mark Cuban has a four-word blunt response to memes first appeared on TheStreet on Jul 28, 2025
This story was originally reported by TheStreet on Jul 28, 2025, where it first appeared.
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