Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase.
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Memecoins that draw their likeness from Gary Gensler and the SEC have rallied significantly since the regulator sued Binance and Coinbase.
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Memes come and go, but greed, harassment and “community” are stalwarts of the crypto industry.
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The month was particularly bad for exploits, with the amount lost accounting for half of the total crypto exploited so far in 2023.
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According to ZachXBT, one alleged scammer in particular launched around 114 projects in the past 45 days alone.
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Ephemeral aspects of pop culture are becoming tradable commodities. That phenomenon will only grow in the years ahead.
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There is a long list of new tokens with names in poor taste such as Queen Elizabeth Inu, Save the Queen, Queen, QueenDoge, London Bridge is Down and Rip Queen Elizabeth.
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“I am just some guy of no consequence tapping at a keyboard and I am replaceable. I am Ryoshi,” the Shiba Inu founder previously stated.
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Before investing in altcoins, you should look into the project’s whitepaper, demand-supply elements, team and stakeholders behind the project.
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