The crypto world just witnessed yet another meme coin disaster, this time featuring a Trump and Melania-themed token that rugged harder than your ex when you mentioned commitment.
Investors (if you can even call them that) aped in, dreaming of a 100x, only to get absolutely rekt when the team yanked liquidity faster than SBF deleting tweets.
Honestly? No sympathy. The signs were all there: low-effort branding, zero utility, and a primitive fanbase that probably thought KYC was a new Kardashian spinoff.
And before anyone asks; no, I don't hold any meme coins. Never have, never will. I have been in this game since 2019, stacking real projects while meme coin degens set their hard-earned money on fire and call it “community.”
The Setup: A Classic Meme Coin Honeypot
Meme coins are like crypto’s version of reality TV: pure chaos, zero substance, and somehow people still eat it up. The Trump and Melania tokens were no different. Marketed as the next big political meme coins, they attracted a horde of moonboys hoping for life-changing gains.
The devs played their audience like a fiddle. They hyped them up on X, baited influencers into shilling, and let the FOMO kick in. Before long, liquidity poured in, the market cap went vertical, and the bagholders were chanting “WAGMI.” Spoiler alert: they weren’t.
The Rug: Exit Scam 101
Right on schedule, the devs decided the bag was heavy enough and hit the eject button. Liquidity vanished, the price nuked to zero, and all that was left was a graveyard of cope-filled Telegram chats. The usual post-rug drama unfolded: bagholders screaming “But we had a strong community,” influencers deleting tweets like they were never involved, and everyone suddenly becoming a blockchain detective trying to dox the devs.
Some of the wrecked tried to argue they were “investors,” but let's be honest throwing money at a meme coin is about as strategic as buying lottery tickets with rent money. There were no fundamentals, no roadmap, just vibes and hopium. And yet, somehow, people were shocked when the inevitable happened.
My Final Conclusion
I have said it before, and I will say it again: meme coins are the cancer of crypto. They attract degens looking for the next pump, give the space a bad name, and do nothing but clog up the ecosystem with pump-and-dump garbage. And before some moonboy asks me “b-b-b-but what about Dogecoin?”
Dogecoin had the luxury of being the first mover. These new meme coins? They are just digital scratch-offs for people who think researching a whitepaper is FUD.
I have never held a meme coin in my life, and I sleep just fine at night knowing my portfolio isn't a ticking time bomb of exit scams. If you are still gambling on these things, you have no right to be surprised when you get rugged. Next time, maybe try investing in something that isn't held together by hype, Twitter bots, and the collective delusion of Telegram groups.
Oh, and speaking of not losing all your money, if you want to trade on a real exchange, sign up for Binance using my invite link because at least CZ won’t disappear with your liquidity.
And if you liked this article, follow me on Publish0X and Medium - unlike meme coins, my content actually has value.
