(Rant) The Meme Coin Situation Is Worse Than You Think

Influencers are back at it again, rug pulling their fans with meme coins and making millions overnight while their supporters lose everything. From Hawk Tuah Coin aka Hailey Welch to the Pump.Fun situation, everyone can now create their own meme coins, flood the market and take advantage of ordinary people - who are putting their life savings into meme coins without realizing how dangerous and volatile this game really is. We’ve seen this before, Logan Paul’s CryptoZoo was a disaster, and now history is repeating itself. Meme coins aren’t real investments; they’re gambling with a fancy name. Meanwhile. Influencers would rather chase quick money than promote real education. This is negating the true purpose of crypto i.e Bitcoin and why you should be careful when investing into meme coins. While Influencers rug pull their supporters, even the US President Donald Trump gave it a try. Is this truly the way we should be investing in the cryptospace? In my opinion: No! Before you ape in, do your research! Influencers don’t care about you, they care about pumping their bags and dumping on you. What do you think? Have you ever lost money on a meme coin? Let me know in the comments! 👇 #memecoins #cryptoscams #pumpanddump #crypto #bitcoin #ethereum #hawktuah #trumpcoin #rugpull