A memecoin is a zero-sum* lottery. There is no wealth creation. Every buy order is simply matched by a sell order. And after an initial spike, the price eventually crashes and the last buyers lose ...
And after an initial spike, the price eventually crashes and the last buyers lose everything,” he posted, calling memecoins a zero-sum – even negative sum after exchange fees – lottery.
Did anyone win $69 million jackpot? The Powerball lottery jackpot was an estimated $69 million for Wednesday night's drawing. 11:06 a.m. ET Jan. 30 A text from a co-worker reminded a man to check ...
For the public, the message should be unequivocal: Meme coins, irrespective of their branding or timing, are not legitimate investments. They are speculative gambles, more like lottery tickets ...
Just days ahead of his return to the White House, President Trump and his wife, Melania, launched a pair of meme coins that have skyrocketed in value and earned them billions of dollars ...
The $VINE meme coin, launched by Vine co-founder Rus Yusupov, surged in value following Elon Musk's hint at a Vine comeback. The coin's market cap reached $400 ...
MrBeast has denied rumors that he's launching a meme coin, despite speculation on Twitter. Fans are split on the decision, with some questioning why he would refuse to launch a meme coin while ...
The random cutaway gags from Family Guy translate well to memes, and one of the most popular jokes is a scene featuring Peter telling his family that he “did not care for The Godfather.” ...
Folks online are now posting DeepSeek memes poking fun at the American A.I. industry in response. The DeepSeek A.I. Assistant app exploded in popularity in late Jan. 2025, and as one person on X ...
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