Cryptocurrency creators are on the lookout for viral moments to make a quick buck.
Experts said most of these coins are typically a joke or a scam rather than legitimate forms of payment - or even akin to gambling in the new decentralized world of the internet, known as web3. Even bitcoin, a cryptocurrency that has been around for more than a decade and is considered more mainstream, is prone to steep swings in value. And the sector is largely unregulated, leaving it wide open to scams.
But on the encrypted messaging app Telegram, where investors talk about the coin's performance, some remain bullish. "$50k is EASY with this coin! I do believe when the funeral comes this coin will get $500k," one person said. Another person was more direct: "Funeral day incoming. FILL THOSE BAGS," they said."The queen and this token are dead," one user wrote. "Let them Rest in Peace.
Who is paying you to keep talking about it
Like hyans!
Are we having fun yet?
Won’t save it. Crypto is dying.
Please help me! My name is Lin donglong, an employee of China telecom fuzhou branch. Company manager huang fei (communist party of China) organized the leadership of the gang of evil forces brutal persecution: surveillance location, insult,abuse, framed to take nude photos of me
not surprising, and completely tiresome.
“Crypto profiteers?” The Regime thanks you for your service, WaPo
Crypt-o
All hotels in London are currently profiteering.
Get that bag