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DeepNewz, mobile.
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Concerns are rising in the cryptocurrency space as the surge of meme coins is viewed negatively, with some likening them to a joke. Critics predict a collapse of these coins to zero, labeling the phenomenon as a giant Ponzi scheme and the greatest wealth transfer in history.
Crypto coins are a form of subscription. V young people buy crypto coins with whatever little money they have. When enough fools buy it, these coins go up as there is not much liquidity at any price. This is a recipe for a complete collapse. Mark my words they will go to 0.
Wealth destruction of retail traders brought by crypto coins will be greatest wealth transfer ever in human history. Nothing will come close. These coins have no value per se. It’s a giant Ponzi. The whole thing will collapse and go to 0. I am predicting ALL coins to 0.
Wealth destruction of retail traders brought by crypto coins will be greatest wealth transfer ever in human history. Nothing will come close. These coins have no value per se. It’s a giant Ponzi. The whole thing will collapse and go to 0. I am predicting all coins to 0.