There's a new meme coin making waves - HarryPotterObamaSonic10Inu, using the ticker 'bitcoin.' It has gained a lot of hype and has been listed on various exchanges due to its popularity. However, Mexc decided to list it as 'Harry' to avoid confusion with the real Bitcoin. This move caused fans of HarryPotterObamaSonic10Inu to call for a boycott against Mexc. On the other hand, some exchanges like Bitget chose to keep the original 'bitcoin' ticker.
These types of tokens, driven solely by hype and with substantial market capitalization, are setting a unique trend in the market. But the big question remains: Are they promising for the future, or are they just worthless, leading people down a riskier path in the world of cryptocurrency?
That is garbage it could be gone tomorrow they have no right to use Bitcoin ticker, and they don't have the right to use the word Harry Potter, Obama, or Sonic because these are copyrighted materials, these are meme coins at their worse even the website is badly created, the site I will not mention in my post can be taken down because of copyrighted materials on it, meme projects are getting worse because there are still many investors supporting these soon to be scam meme projects.