Quote from: moneystery on February 10, 2025, 01:36:36 PM

who doesn't want free money? they just need to developer and launch memecoin, and then let those idiots buy memecoin in the hope that they can get rich from it. it's very easy for them to play on the stupidity of these people because these big guys have confidence that with their popularity and influence they can make people buy the memecoin they launch.

Actually, It is no longer a secret that big guys in this space often capitalize on their influence to profit from meme coins. Take the recent case of CZ and the TSTBSC coin, for example.
CZ publicly called out the project for using Binance’s logo without authorization, but the controversy only fueled its popularity. Within hours, traders flocked to it, and its market cap soared to over $168 million. Despite being labeled a "test MEME coin" in its whitepaper, TSTBSC is now listed on exchanges like Bitget.
This shows how easily hype can drive meme coin success, often benefiting those with influence while exposing retail investors to volatility.
While meme coins can be profitable, they remain a high-risk game where the big guys frequently hold the cards.