A 13-year-old adolescent reportedly earned $30,000 by creating and promoting a meme coin, which has drawn criticism from the cryptocurrency community. Meanwhile, Jack Doherty, a content creator, launched a meme coin during a live stream, subsequently engaging in a pump-and-dump scheme that exploited his fans before deleting related tweets. Another TikToker, who previously expressed skepticism about cryptocurrency, launched his own meme coin and allegedly performed a rug pull, resulting in a loss of $12,000. These incidents highlight ongoing concerns regarding the volatility and risks associated with meme coins and the behavior of influencers in the cryptocurrency space.