Ever since the idea of memecoin went viral and mainstream, it’s been a pandemic, where each day, thousands of memecoins get created everyday. We now have pump.fun where people can easily create token, pump it and dump it, or rug it. Celebrities have no shame, they can create a token decieve their followers with their influence then rug the memecoin. Kanye west just exposed the game with this single tweet. This is why I dont blame people who didn’t buy trump when trump tweeted the token, because if I was awake at that time, I would also fade it thinking it was a scam or hacked.
If you read the image text, you will see how they post memecoin contract then after few hours they rug it and blame hackers for hacking their account, a little bit insulting they offered Kanye West $2 Million forgetting he is a billionaire and he can make that amount easily without having to scam his community. He can make a merch and make more than that, he can provide a genius mediocre service and he will make more than that. He doesn’t need to scam any one, this is why you need to be careful, dont fall for every crypto scam because your favorite celebrity tweeted it.