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.
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.