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The concerns increase that the coins are “finished” after the balance carpet draws investors who remain in shock.
The balance based in Solana, briefly approved by Argentinian president Javier Milei, climbed a market capitalization of $ 4.5 billion before chasing 80% in a few hours, causing massive losses for many.
Milei denied direct involvement, while Kelsier CEO Hayden Davis told Coffeezilla that he was behind the pieces even Bibla and Melania, and pulled the two tokens when put online.
Even “cooked” corners after the series of unfair launches
After the collapse of the balanced token and the implosions of the official tokens of Mème Trump and Melania, the credibility of the sector of the same has taken a blow.
The sector is “cooked,” said Nic Carter, partner of Castle Island Ventures, in a position on February 19 on X.
“A feeling of sadness and cynicism permeates the crypto, because the same was considered the last” fair “ground where anyone could earn money,” he said. “This illusion was broken. Ménecoins are undoubtedly over. »»
The fiasco Balance even Coin was only the last in a series of unjust and booted launches, he added. “The casino did not take a slight advantage – it was more like 90/10 in favor of the house.”
The menes are undoubtedly finished. (Obviously, they will not disappear completely, but the trade has disappeared). The reason being, the whole premise of the same was that they were “fair launch” opportunities where John Q Retail had just as well to earn money as the funds and the VCs. This…
– Nic Golden Age Carter (@nic__carter) February 19, 2025
Austin Auzsome on X Put the more frank thingsSaying that it would have come to the realization ”that the memes parts have officially become the death of the crypto.”
CEO of Coinbase keeping an open mind
However, not everyone is so low on the prospects of the sector. The CEO of Coinbase, Brian Armstrong, says that we should remain open -minded where the pieces take place “, even if some are silly, offensive or even fraudulent today.”
“So where are we going from here?” He said. “We have to purge bad actors and raise people who try to build a lasting value. We want to bring the next billion onchain users, and the only way to do so is to create products and services that people want. »»
How to invest in the coins in complete safety?
The construction products that people want is exactly what a new part of ICOs called Memes index (same) Try to do.
It aims to make the coins in investment safer by providing diversified portfolios that reduce the risk of all or nothing on parts like Balance, Trump or Melania.
Investors who buy the token are offered four money funds to invest: same Titan, Moonshot, Midcap and even Frenzy,.
Everyone is delivered with a different risk reward profile. Even Titan is the safest option, investing in parts even worth more than a billion dollars, including titans like Dogecoin ($ Doge), Shiba Inu ($ Shib) and Pepe ($ pepe ).
The most risky fund, which also has the highest potential awards, is the frenzy of memes. He invests in parts even with a market capitalization of less than $ 50 million.
The other two funds are Monshot, which invest in tokens with values ranging from $ 250 million to around $ 1 billion, and Midcap, which contains parts evaluated between $ 50 and 250 million.
The Preventing Mamex exceeded $ 3.78 million in funding as investors by supporting its idea in a newer new way of investing in parts even.
As you influence Youtuber Claybro said it in a recent video for its more than 136,000 subscribers, “even index changes the game even corner.”
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