Will people ever learn from "meme" coin scams? What will it take to put a stop to this madness?
Your input would be greatly appreciated. Thanks.
Some people will never learn no matter the kind of impact you want to make in them by given them quality lesson to why they should not involve in memecoins they will always allow that greed in them which always convince them that quick money can be made out from meme coin to control them, some can only change and stop investing in meme scam coin only after they have falling victim into lot of scam that’s hard for them to recover from.
The only medium through which people could be discouraged from gambling with their funds into memecoins is when the "get profit quick" feature has been removed from memecoins. But so far as they are made to understand that there's a slim chance of making huge profit in the shortest time from it then they would never stop risking their money there, except as you said it, only when they might have lost way more then they can stomach and that's when they start avoiding it but by then they have lost funds they could have used to start with real asset that has sure potential for a ROI no matter how small the profit could be.
Anybody that don't want to learn will surely be a victim as time goes on. Memecoins are not totally bad to invest but many scammers have found a fountain on memecoins projects and they keep launching rug pull projects so that they can keep making money from this project allowing people to invest in them so that they can take investors money away.
We ought to be very careful about investing in memecoins because a lot to people had fallen victim to these projects and we need to invest when we know the actual team that is behind the projects so our money does not die in them.