Do you believe that memecoin are Ponzi schemes?

uptrendfinancialsignal

Verified member
It is on established truth that majority of the memecoin are not ponzi scheme but a lot of people labeled them as Ponzi scheme. It is crucial to differentiate between the memecoin and the malicious schemes that are around . The memecoin is highly volatile and it is also driven by the trends in the social media. That is why it is not accurate to categorize them all as Ponzi scheme because the changes in the price of the memcoins is always in response to the market supply, demand dynamics. The ponzi scheme typically involved malicious investment operations and are total fraud.
 

ImamShaheb

Valued Contributor
Memecoin industry/category is full of scams but, we can't call it Ponzi entirely! That's,why still waiting to grab it! IMG_20240312_163904.jpg
 
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