Memecoins, once perceived as digital resources directed by the community, are increasingly used to employ retail investors, with a growing number of frauds and unsuccessful tokens supported by celebrities that augment regulatory fears.
The inventing of a token of $ 4 billion in a weight tool (weight), which was supported by the Argentine President Javier Milei, is the last blow to the sector after eight confidential wallets paid a liquidity of $ 107 million, which led to a drop in prices by 94% within a few hours of its launch.
According to Anastasija Plotnijava, co -founder Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum Fideum, according to the augment CEO of FIDEUM.
Source: Kobeissi letter
“Memecoins have transformed from social experiments directed by the community into a chaotic landscape dominated by the extraction of value from retail investors,” said Plotnikova Cointelegraph, adding:
“Confidential rings, pump and sniper group diagrams, replaced the ecological, collective nature of the original memecoins, creating an unhealthy field.”
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Investors will also have to distinguish between memecoins, which can be seen as real “collector’s” and “even false actions”, such as the carpet pulling, which are “not only unethical, but also clearly illegal, with case -law to support the enforcement of law.”
“In my opinion, these activities should fall into the jurisdiction of law enforcement agencies,” she added.
There were more disturbing revelations since the Libra token crash in Libra, in particular that Libra was an “open secret” in the circles of the village of Memecoin and that some members of the decentralized exchange of Jupiter knew about the launch of the token two weeks in advance.
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Memecoin scandals are unlikely to affect cryptocurrency legislation
While the recent Memecoin cracks are a negative hit for investors’ moods, in the long term they cannot affect the emerging regulation of cryptocurrencies, according to Dmitry Radin, the founder of Zekret and the director of Fideum technology.
This is due to the fact that cryptographic legislation is built from a “long -term” perspective, and not only on the basis of recent events, said CointeLgraph.
It is also essential to understand that the Libra rug was different in comparison with the launch of the official Trump (Trump) and the official tokens Mememy Meme (Melania), with the last two unlikely to start the regulatory response in the USA, he said Radin, adding:
“David Sacks, an American cryptographic spell, mentioned that Memecoins are more collector’s. Therefore, it should not be regulated as safety or something. ”
“That’s why I think that Trump and Melania’s coins can be taken in a different way than weight,” he added.
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