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What Makes Memecoins So Risky?

  • Memecoins pose risks due to extreme volatility, leading to sudden price surges and crashes.
  • Scam projects, such as pump-and-dump schemes, rug pulls, and fake launches, are common in the memecoin sector.
  • Lack of regulation exposes investors to risks, as most memecoins operate outside traditional oversight.
  • Celebrity and influencer promotion contributes to hype-driven buying, often leading to impulsive investments in memecoins.

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