#TrumpCryptoOrder $MEME Exactly. Coins like $MELANIA are often built around speculative hype rather than any fundamental value or long-term utility. They create an illusion of potential wealth through aggressive marketing, but the mechanics often work against the average investor.
Some red flags to look out for in these projects:
Lack of Utility: If the coin has no clear use case beyond speculation, it’s already on shaky ground.
Overhyped Marketing: When you see excessive promotion by influencers who are likely incentivized to pump the coin, it's usually a bad sign.
Poor Tokenomics: High transaction taxes, developer wallets holding a large percentage of supply, or vague roadmaps signal trouble.
Promises of CEX Listings: As you said, these announcements are often a way to lure more buyers in, but the listings rarely change the project’s trajectory.
Anonymous Teams: While not always a dealbreaker, anonymous or unaccountable teams can make it easier for bad actors to walk away after a rug pull.
The crypto market is riddled with these types of projects, so it pays to stay vigilant and not get swept up by FOMO. Have you been tracking any other coins like this lately?
