Every day, thousands of memecoins are launched, and unfortunately, around 95% of them turn out to be scams. This scam epidemic is affecting many people, especially newcomers who lack experience and are more vulnerable to such scams.
The issue arises when newbies join the crypto space and fall victim to these scammers, leading them to blame all of crypto as a scam. While some memecoins have indeed damaged the reputation of the crypto industry, others have achieved incredible success, with values skyrocketing by 100 or even 1000 times.
For beginners, it's advisable to steer clear of memecoins. However, if they still want to get involved, they should consider investing in memecoins listed on reputable exchanges, even if it means earning lower profits. One example I follow is Bitget's memezone, where memecoins may not be listed at the start of their project but get listed at an early stage. Unlike DEX, these platforms provides more security, reducing concerns about being unable to sell,or removal of LPs.
Who cares what kind of coins that exist or not? Of course you have right to think whatever you want my friend but stop be so sensitive it's up to the individual to make a decisions not a government or something else, we must realize we are smart and have power to take our own decisions instead of being busy and complain about meme coins, because meanwhile we complain others getting rich because of them. Do we want to be a winner or loser? Meme coins is the ultimate short term investment, people that call them scams do so often because they compare it with Bitcoin instead of see it of what it is and don't compare apples with pears, and they also don't know anything about trading they probably just holding bitcoin and think that makes them to a pro trader.
Knowledge is power. Come on now, let's take over this world together, I believe in you!
Good luck.
Yeah, this is totally about envy of others getting rich with "wrong" coins. And i find it distateful that people see freedom of making any coins as tarnishing the image of crypto. Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea. But yeah, funny meme coins are the ones that are giving crypto a bad name. Pepe tokens and tokens alike are never going to to take crypto down, in fact they are bringing in new generations to this space, that want to show old suits what they think of their finances. But CEXes evading regulations and aml laws, the fact that terrorists get funded by this, might hurt us worse than anything.
Meanwhile just 2 days ago there was a news article revealing that north korean had managed steal $3 billion worth of cryptos that were used to develope nuclear weapons for the north korea.
I choose to take western media very lightly, they seems to be able to lie about very much about this I don't know anything and don't support North Korea but if they could steal crypto that easy so often...
why not do it more?
But others, like yeah who cares? If you hate them (meme coins), story your BTC and be bitter nobody cares about you and your'e opinion. (Now I don't speak about you, I speak in general)
And also meanwhile these people is busy hating other getting rich.
And instead of work against each other and hate and push each other down that this forums members is expert to,
work TOGETHER against the POWER. Because the PEOPLE is THE POWER.But sadly to many is poisoned by their governments and believe everything they say like knee dogs.
We could make this world amazing, but instead we turn part of part of it down mean while working against each other and the one in charge just smiling meanwhile.
People are to fucking busy to care what others does and thinks so they forget to live their own life to 100%. It's sad!
