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Argentinian president Javier Milei promotes memecoin that then crashes 95% in apparent $100 million+ rug pull
(www.web3isgoinggreat.com)
Buttcoin is the future of online butts. Buttcoin is a peer-to-peer butt. Peer-to-peer means that no central authority issues new butts or tracks butts.
A community for hurling ordure at cryptocurrency/blockchain dweebs of all sorts. We are only here for debate as long as it amuses us. Meme stocks are also on topic.
How many times are people going to fall for this? Someone launches a new crypto and hypes it up, a bunch of random people buy into the hype, prices take a huge nose dive, repeat ad nauseam.
If you are not an insider, don't buy, simple as that. And even if you think you are, are you really? Were you invited to the lavish opening party with the flamingos and the dancers at the huge mansion with two pools and all that? If not, then you are at the bottom of the totem pole, much like anybody else. Your designated role is to funnel your own money upward.
If yes then you're definitely the mark.
The real test is whether you're included in the 5 person Signal group they coordinate the date and time to dump