Memecoin, Shitcoin hype and degeneracy

The level of degeneracy in the crypto space is quite alarming, over the past week since the memecoin and shitcoin szn came alive.

Most people in the space have been throwing around money on projects with zero utility… few days ago Ben.eth who created $BEN having left the project decided to create another project named $PSYOP.

In less than 24hrs of $PSOYP presale… over $2M have been sent to the wallet of an unknown individual who can easily cart away with those eth without any traces or repercussions.
Situations like this is enough reason why some are calling for regulations, if this level of degeneracy doesn’t end soon eventually the regulators will step in.


Wow that looks cool

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