Article

Why is it difficult for Meme coins to break 50000 USD market capitalization? This market is draining retail investors' funds. 2024 Since the year, most Meme coins have been dumped by developers within the first minute of issuance, 21%projects engage in bundled pump schemes, and 58%on-chain trading volume consists of fake trades, leaving retail investors as the ultimate bagholders. An analysis of bundled issuance, fake trading volume, and KOL cash-out tactics, along with methods to protect yourself using tools such as Bubblemaps.

Source: https://www.panewslab.com/zh/articles/01a15725-9c36-7750-b6c7-ce81d2317bca