Yes. Meme coins and other trash.

The problem is that new folks are coming in adversarially, they want to rug a meme coin and make $100k “in 10 minutes”. It looks like free money. I’ve seen several YT videos pop up recently demonstrating how to rug the community via Liquidity Pools. Gross.

It’s a disgusting, exploitative perspective that doesn’t really have a place in sound money. This cycle is the super cycle of grift.