Quote from: hamba laeh on September 09, 2024, 02:55:12 PM

I think what celebrities have done is very interesting because it reminds me of Elonmusk who made the price of Dogecoin increase extraordinarily and beyond ordinary human understanding. and I really support the actions carried out by celebrities and world-famous people. and making cryptocurrency increasingly global and increasingly known to the wider community so that more and more people join the cryptocurrency market.

What about those who lose money because of the influence of such celebrities? Sorry, but I don't support this thing. I believe celebrities shouldn't promote such things because there are people who follow these celebrities and anything they do, so if they are promoting projects that might not be good, I mean meme coins aren't real cryptocurrencies, they are tokens created on top of other blockchains based on some jokes that went viral over the internet sometime in the past or present.

Those who invest money in cryptocurrencies should make sure they don't blindly invest money in projects that are promoted by celebrities. It's true that Elon Musk had on a few occasions hyped DOGE and that caused a surge in its price, but that doesn't mean every meme coin promoted by every celebrity can have the same effect.