Odaily Planet Daily News Blockchain regulatory company Fideum co-founder and CEO Anastasija Plotnikova said that Meme coins are violating the basic spirit of cryptocurrency decentralization and are increasingly being used to exploit retail investors in more and more rug pulls.
She added: "Meme coins have evolved from community-driven social experiments to a chaotic field of extracting value from retail investors. Conspiracy groups, price gouging and then dumping, and sniper groups have replaced the organic and collectible nature of the original Meme coin community, creating an unhealthy competitive environment."
In addition, Anastasija Plotnikova believes that some behaviors are already clearly illegal and fall within the jurisdiction of law enforcement agencies, and supports law enforcement against some projects. (Cointelegraph)