🪙 Cryptocurrency 2d ago · Ronny Mugendi

Celebrity Meme Coins Wiped Out Billions as Five High-Profile Tokens Lost Over 95% 

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Several celebrity- and politician-backed meme coins have lost more than 95% of their value since their peaks.



Retail investors suffered large losses after rapid rallies fueled by social media attention.



Lawsuits, investigations, and insider trading allegations followed several major token launches.




Celebrity-backed meme coins produced some of crypto’s biggest rallies over the past two years. They also created some of its fastest collapses. Several high-profile launches briefly re

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