Anastasija Plotnikova, co-founder and CEO of blockchain regulator Fidea, said that Meme Coin is going against the basic ethos of decentralization of cryptocurrencies and is increasingly being used to exploit retail investors in a growing number of Rug Pulls, adding: "Meme Coin has evolved from a community-driven social experiment to a chaotic situation dominated by retail investors extracting value. Internal circles, price gouging and sniper groups have replaced the organic and collectible nature of the original Meme Coin community, creating an unhealthy competitive environment."
Anastasija Plotnikova believes that some activities are already clearly illegal and fall under the jurisdiction of law enforcement agencies, and supports the enforcement of some projects.
Opinion: Meme Coin is becoming a "retail exploitation tool", contrary to the spirit of crypto decentralization
2025-03-16 13:01:29
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