Opinion: Meme coins are becoming "tools for exploiting retail investors", violating the spirit of decentralized encryption
According to Cointelegraph, Anastasija Plotnikova, co-founder and CEO of blockchain regulatory company Fideum, stated that Meme coins are contradicting the fundamental spirit of cryptocurrency decentralization. They are increasingly being used to exploit retail investors in more and more Rug Pulls actions. She added that Meme coins have evolved from a community-driven social experiment into a chaotic situation dominated by retail investors extracting value. Internal circles, stock price hype, and sniper teams have replaced the original organic nature and collectability of the Meme coin community, creating an unhealthy competitive environment.
Anastasija Plotnikova believes that some behaviors are clearly illegal and fall within the jurisdiction of law enforcement agencies, and she supports law enforcement on some projects.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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