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Gambling with Memes

Up First from NPR

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The Meme Coin Mania

This chapter explores the rise of meme coins through the new trading platform Pump.Fun, which caters to a diverse group of users eager to create their own digital currencies. It examines the interplay between humor, celebrity endorsements, and market speculation, illustrating the chaotic appeal of these often absurd assets. Amidst the allure of quick riches, the chapter also highlights the harsh realities and challenges faced by traders in this volatile market.

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