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Urgent Need for Meme Token Regulation: Protecting Investors and Crypto Market Integrity
Meme tokens are highly detrimental as they promote rampant speculation, extreme volatility, and fraud, while offering no real value. These currencies, based on jokes and memes, transform the crypto market into a game of chance, where ordinary investors suffer significant losses. Meanwhile, exchanges take advantage by indiscriminately listing these assets, profiting from high fees and facilitating manipulated operations. It is urgent to put a stop to the listing of memecoins to protect investors and restore the integrity, transparency, and security of the crypto market.