This kills the crypto's legitimacy forever

This kills the crypto's legitimacy forever

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Meme coins are fud

Because obvious scams killed traditional banking, right?

By the time you realize it’s not a scam you’ll be priced out and ready to rope. Don’t blame biz you were warned

I've made a small fortune on shitcoins on my own, but at the same time I can recognize the retardation of it. This IS retarded

I didn't even have time to open a short
HAHAHAHAHAHAHAHAHA

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Has a company with no value proposition and no real use case ever been included in SP500?

I wasn’t asking your opinion I was telling you your future

I'm not smart enough to chase the smart money, but I'm autistic enough to make it on retarded money.

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A man of the times, I see.

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I have tethered up half of my portfolio already. Will move some more into stablecoins, and see how high the rest will go on the waves of dumb money. Top signals are everywhere.

Seems like big money want the clownworld to end.

what is this?

An absolute shitcoin getting listed on the biggest centralized crypto exchange in the world

This.

did you see notification on binance if you try to buy
Holy shit its this bad

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>user creates a DOGE erc20 clone in the middle of the summer DeFi hype
>does 20x scam pump on first day then dies
>literally $0 volume for months, coin is basically dead
>Elon start shilling Doge
>People miss out on Doge and are looking for the next Doge
>People notice there's a coin similar to Doge on Uniswap, first volume comes in and the pump attracts some attention
>user who created the coin and still holds 50% takes advantage of the this and revives the project
>Doesn't actually do anything, just creates a second erc20 called Leash and updates some graphics
>IT'S ALIVE!
>People start catching wind of a new Dogecoin that's still being 'actively developed' and the real hype start to take shape
>New developement! user announces third erc20 called Bone to sustain the hype and cash for the third time
>SHIB breaks into the top 100 and the project needs more hype to continue
>SHIB dex! user announces plans to fork Uniswap for the 217th time, it's revolutionary, nobody has seen it before.
>SHIB sustains a billion dollar volume on Uniswap for a couple of days
>Greedy exchanges want some of those fees so they all list SHIB

Memeing aside, it does remind me of the dot com bubble, and the internet was just fine afterwards.

You're probably right, but I think that this crash will trigger a cascade of legislations

Oh god its true. It fits too well not to be true.

Having regulated coins is good then?
My brain refused to invest into memecoins and now my legit ones are bleeding

Crypto has already experienced a ton of mini dot com bubbles. Crypto moves way too fast compared to the boomer stock market for a one-time bubble of that scope to occur. Dog coins could plummet 99% and the normieverse wouldn't even notice, and crypto would move on to something else within a month.