The Rise and Risk of Meme Coins

This chapter explores the explosive growth of meme coins in the cryptocurrency market, spotlighting a recent pump and dump scheme that drew significant media attention. The discussion touches on the speculative nature of these investments, the community dynamics that fuel their values, and the stark reality of potential losses for investors. Additionally, it reflects on historical parallels with penny stocks and emphasizes the importance of knowledge and ethics in navigating this chaotic landscape.