If you come to the truth, everything that appears is suspicious, nothing is legitimate, like any cryptocurrency such as Bitcoin or Pepe, clarified in front of you and summarized regarding a currency, there are no guarantees.

The leading items in the trend are mostly meme coins, and a meme simply means a project with no real benefit or intrinsic value, just a temporary joke that attracts those who do not realize its consequences. This type falls under the ruling of gharar which the Prophet ﷺ prohibited. And leave what makes you doubt for what does not make you doubt. As for the rest, like HAEDAL and CRV, they are projects that touch upon suspicious usury through lending systems and dubious returns. We ask Allah to rectify the situation and keep us away from what does not please Him.