@wolrdgod
The celebrity memecoin scandal is back with a fresh chapter.
American Rapper Wiz Khalifa is the latest tied to a fraudulent token.
Celebrity meme coins have become a recurring trend in 2024.
Throughout this year, the crypto industry has seen a surge in high-profile figures jumping on the bandwagon, launching tokens that promise quick gains but often deliver disaster. The trend has been largely characterized by quick pump-and-dump schemes, leaving many investors to face steep losses.
While the industry was thought to be catching a break, another chapter in the scandal has emerged.
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