#MileiMemeCoinControvesy
ersy The rise and sudden collapse of the Melly-backed meme coin Solana is a perfect example of the roller coaster ride that comes with politically driven cryptocurrencies. After skyrocketing in value, it quickly crashed, leaving investors in a state of panic. With over 40,000 people affected,
But this is not a one-off event. Political meme coins were at their peak in 2024, surging 782.4% – outperforming traditional meme coins! But here’s the catch: these assets are driven by hype, not substance, making them highly speculative. As political events unfold, the value of these tokens can swing wildly
