#MemesNotSecurity

The U.S. Securities and Exchange Commission (SEC) has warned that meme coins, like Dogecoin and Shiba Inu, are not safe investments. These coins are highly speculative, often driven by social media hype and celebrity endorsements, rather than solid technology or use cases. The SEC highlights that meme coins are prone to extreme volatility, lack regulation, and may be used for pump-and-dump schemes, putting investors at significant risk. As a result, the SEC urges caution when investing in such assets, emphasizing the importance of understanding the risks involved in the crypto market.