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According to PANews, Pudgy Penguins CEO Luca Netz, at the Solana Breakpoint conference held in Singapore on Friday, stated that despite the prevalence of meme coin culture, NFTs continue to be the best method for forming communities. Netz emphasized that meme coins do not allow easy identification of like-minded individuals online, but NFTs can strengthen this connection. He also added that NFTs create a symbolic significance that meme coins cannot replicate.