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Headline : Celebrity Memecoins Have Not Lasted the Test of Time

Read more from the original article on here at www.livebitcoinnews.com.





Tags : #celebrity #memecoins #lasted #test #time


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We participate in marketing programs, our editorial content is not influenced by any commissions. To find out more, please visit our Term and Conditions page.

Celebrity memecoins deployed on the Solana network’s pump.fun protocol have tanked severely. Nearly all value has been erased from these projects, leaving investors and the fans of the celebrities the tokens were modeled after experiencing tremendous losses.

While some of these projects took a few months to drop, many were pump and dump scams, leaving users in the dirt hours after their launches. The ones that made it a while did not do so for more than 3 months, depicting how the lack of real utility may not sustain assets in the long run, minus a few exceptions like top memecoins.

Read more from the original article on here at www.livebitcoinnews.com.


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