There have been many rugpulls from "meme" coins recently. From Barron Trump's fake "meme" coin, to President Javier Milei's "meme" coin meltdown, there's been a pattern of rugpulls and scams. People turn into such coins out of pure greed without realizing the consequences of doing so. Why won't they choose Bitcoin or Ethereum instead? I can't understand why people keep falling into these schemes.
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.
I don't think that it would ever stop. After all we still have signal groups up till this day.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.
They would continue to risk in meme coins because there are some who gains so much from risking in it same as those who follows signal groups.
If people will continue to lose money someday they will stop to invest in them. Now many people stopped to invest in new and unknown altcoins. The same situation will be with meme coins too.