Trumpmania And Other meme coins. Shitcoins,memecoins and Rugpulls | by Ethic Who | The Capital | Jan, 2025
With the introduction of Trump coin, Solana blockchain has transformed into a traditional casino, and rugpull operations, which began in the cryptocurrency markets two days ago, are ongoing generally.
There have been some really absurd things that have happened. We are discussing online casinos in this context. Everyone is free to do what they choose, but you will never be able to hack the algorithm.
Memecoins are indeed 100x coins, however, I do not encourage or invest in cryptocurrencies like this. I don’t even leave comments on projects. I am a cryptocurrency investor, and I will not make any comments on a project that is ambitious and that rules are coming to the market.
As an observer, I can say that getting rich slowly seems more logical. Because many projects are the same and I believe that comments should be made by following only reliable people.
I am now blocking anyone who speaks assertively in this market on social media and I just can not understand why people are so interested in gambling. While it is beneficial to follow traders and experts, trading continuously will only result in financial losses.
I heard that the Kuba Solana project created a memecoin and attracted people to Rugpull. I hope it is not true. Because it seems like the market is disappearing again.
Otherwise, it seems like this situation will be abused too much.
There are many memes that have emerged, but I can say that memes are only for fun, nothing else. No matter how sarcastic the character’s spirit is, this should not be converted into money.