Viewpoint: Meme coin is becoming a 'retail exploitation tool', violating the decentralized spirit of cryptocurrency

According to Cointelegraph, Anastasija Plotnikova, co-founder and CEO of blockchain regulatory company Fideum, stated that Meme is violating the fundamental spirit of decentralized cryptocurrency and is increasingly being used to exploit retail investors in more and more Rug Pull activities. She added, "Meme has evolved from a community driven social experiment to a chaotic situation dominated by retail investors extracting value. Internal circles, price gouging, and sniper teams have replaced the organic and collectible nature of the original Meme community, creating an unhealthy competitive environment Anastasija Plotnikova believes that some behaviors are already clearly illegal and fall within the jurisdiction of law enforcement agencies, and supports the implementation of law enforcement on some projects.