9min chapter

Why Is This Happening? The Chris Hayes Podcast cover image

Crypto in Trump 2.0 with Zeke Faux

Why Is This Happening? The Chris Hayes Podcast

CHAPTER

The Meme Coin Phenomenon

This chapter explores the rise of meme coins, spotlighting the launch of 'Hawk Tua' by a viral personality. It discusses the monetization strategies behind these coins, including risky practices like 'rug pulls' and 'pump and dump' schemes. Additionally, the chapter raises ethical concerns surrounding crypto trading, particularly in the context of celebrity-themed cryptocurrencies, and the community's perception of value manipulation.

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