Is every memecoin just a scam? Experts on whether Andrew Tate and Trump are fleecing their followers

After I was turned into a memecoin, I looked into the hype behind the crypto that only a tiny percentage of people profit from

In November last year, I was turned into a memecoin. Several, in fact.

Someone alerted me that a memecoin called Dork Nerd Geek ($DNG) had been minted with a picture of my face, and it already had a market cap (the total value of all coins in circulation) of $29,000. Twenty minutes later it was $100,000. An hour later it was $800,000.

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​After I was turned into a memecoin, I looked into the hype behind the crypto that only a tiny percentage of people profit fromIn November last year, I was turned into a memecoin. Several, in fact.Someone alerted me that a memecoin called Dork Nerd Geek ($DNG) had been minted with a picture of my face, and it already had a market cap (the total value of all coins in circulation) of $29,000. Twenty minutes later it was $100,000. An hour later it was $800,000. Continue reading… Cryptocurrencies, US news, World news, Technology, Donald Trump, Trump administration, US politics, Andrew Tate Business | The Guardian

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