https://i.redd.it/jb3w47qcn31b1.jpg
Its crazy to think a meme coin got a billion "invested" into it in less than 20 days. Part of the issue is the hype train and FOMO that happens when something takes off but I think a majority of the blame is also on exchanges that are willing to list something obviously a meme and most probably a rugpull.
There are other projects that have been around for a much longer time and with a lot more utility than Pepe or SHIB but because of the publicity and hype the exchanges are just rushing to list these shitcoins.
Pepe is anon, has no utility, no white paper and no real practical use execpt to fleece those FOMOing.
Should exchanges be held to a standard at all? Or is it just going to be everyone chasing the money?
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