You are viewing a single comment's thread from:

RE: Announcing Rugpull Coin on Solana

in #leo3 days ago

A rug pull is not actually a scam. It is market manipulation, not outright fraud.
Its gambling. As any gambler should know: "The House Always Wins."

Memecoins are simply an example of "A fool and his money are easily parted"" and " Caveat Emptor".

Why anyone with a brain would put their money into one is beyond me.

The risk of losing your shirt is well known.

Its not like anyone who did a modicum of research would be deceived and not know of the risks.

People just like to gamble I suppose.

Sort:  

Edicted has slowly made me see it in the same way you are describing... to use the young kids language: Degens are going to degen.

I do wonder if this is signaling a top tho... it sure seems like it.