Category: Crypto Scams
-
Why the Trenches Crypto Memecoin Gambling Scene Is Set to Crash to Zero: Scams and Exploitation of Newcomers
The crypto “trenches”—a term used to describe the chaotic, speculative underbelly of memecoin trading—are teetering on the edge of collapse. Fueled by platforms like Pump.fun and driven by viral social media hype, the memecoin gambling frenzy has drawn in countless newcomers with promises of quick riches. However, beneath the surface lies a cesspool of scams,…