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Opinion: Meme coin is becoming a "retail exploitation tool", violating the spirit of encryption decentralization

According to online reports, Anastasija Plotnikova, co-founder and CEO of blockchain regulatory firm Fideum, said that Meme coins are violating the basic spirit of decentralization of cryptocurrencies and are increasingly being used to exploit retail investors in the increasing number of Rug Pulls behaviors. She added: "Memecoin has evolved from a community-driven social experiment to a chaotic situation dominated by retail investors extracting value. Internal circles, stock price hikes and sniper groups have replaced the organic and collectible nature of the original Memecoin community, creating an unhealthy competitive environment." Anastasija Plotnikova believes that some behaviors are already clearly illegal and within the jurisdiction of law enforcement agencies, and supports the enforcement of some projects.

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