Meme Coin Ramifications

[ThreePointTakedown]

Should he and his team have known better than to promote a ‘Funky’ coin under those conditions?

What should happen next if they had foreknowledge of the endgame? 

 

[red viking]

Meme coins are scams. Can't believe people are dumb enough to buy those from anybody. For Trump though, you can get favors from him in exchange. 

[mspart]

Meme coins.   Are they physical or only reside in the digital realm.  Either way, agree with RV, I don't understand why people would purchase these things.  

mspart

[ThreePointTakedown]

I know he just went through a major medical issue. But immediately put his stamp on a scam. He, seemingly, got paid so those he influences could be grifted. 
 

How should the wrestling/MMA world react to this if true? Cuz based on the support from big names in MMA it doesn’t seem like he was hurting for money/support.  But should he be given grace if he WAS struggling for money, post surgery?

[Wrestleknownothing]

1 hour ago, mspart said:

Meme coins.   Are they physical or only reside in the digital realm.  Either way, agree with RV, I don't understand why people would purchase these things.  

mspart

Digital only.

Which narrows down the audience to only those foolish enough to play that game. Many people buy these knowing full well they are rug pulls, but believe they can get the timing right themselves and make a quick buck. The site where the coin was traded was even called Pump.fun no one who goes there should have any misgivings about what is happening.

That is not to say Askren should have done this. I would not have. But these things happen among a self-selected universe of people who are looking for a get rich quick scheme.