The Solana-based meme coin "Official Melania Meme" has plummeted 96% from its peak, raising alarm over potential insider trading practices. This article explores the pitfalls of investing in meme coins and the issues surrounding the MELANIA token.
Green flags: a technology that is actually novel or useful. Monero is wonderful for privacy. Nano is great for microtransactions (see NanoGPT). Ethereum is great for smart contracts. Stablecoins are a good currency replacement in hyperinflation countries where there’s no better alternative. Crypto is a fantastic advancement of finance technology. Please don’t see them (all) as scams. I would argue don’t see them as investments at all.
Green flags: a technology that is actually novel or useful. Monero is wonderful for privacy. Nano is great for microtransactions (see NanoGPT). Ethereum is great for smart contracts. Stablecoins are a good currency replacement in hyperinflation countries where there’s no better alternative. Crypto is a fantastic advancement of finance technology. Please don’t see them (all) as scams. I would argue don’t see them as investments at all.