meme coins don't produce anything, they don't solve anyone's problems don't develop the industry. Give one example that proves otherwise.
How about dogecoin? This is a memecoin and if youll say that this is worthless at all then why its on the top marketcap and why the smart Elon Musk taking this project as good and even used it for payment on a brand called Tesla? Thats a fact too. If its a scam then not everybody will agree with you.
therefore, in accordance with my conscience, I advise against meme coins whenever I can. You can write that "some people make money on it", but in my opinion its wrong. At the casino, some people also make money, moments before they lose everything. Only the casino is honest about its house edge. Memecoin scammers don't.
Gambling on casino and memecoins involved both money and risk. The only difference is the "DEGEN" or people who knew of this risk are aware of it they just gambling on a literally high risk environment. Would you called them stupid for doing so if they knew what they are doing? Maybe they will replied to you get loss, its not your money cause we know what we are dealign with. The problem here are those newbies who joined that is not aware of the consequence. I respect that you dont want to let those who loss suffer more. Me too but Im telling you, if this can be stop this has been stopped years ago. But what can we do we live in a decentralized space where scammers are included in adopting blockchain and crypto.
How can we filter those scammers on decentralized space? Just total avoidance right but it cant be stopped. So doing centralized like cex who asked for might limit it but again there are some who dont like it cause its not right on decentralization. Whatever sides there still be none winner in terms of cause and effect.