Viewpoint: Meme coins are becoming a "retail exploitation tool," violating the spirit of cryptocurrency decentralization

ChainCatcher news, according to Cointelegraph, Fideum co-founder and CEO Anastasija Plotnikova stated that meme coins are violating the fundamental spirit of cryptocurrency decentralization, increasingly being used to exploit retail investors amid a growing number of rug pulls. She added, "Meme coins have evolved from community-driven social experiments into a chaotic situation dominated by retail investors extracting value, where internal circles, stock price manipulation, and targeted groups have replaced the organic and collectible nature of the original meme coin community, creating an unhealthy competitive environment."

Anastasija Plotnikova believes that some behaviors are clearly illegal and fall under the jurisdiction of law enforcement agencies, and she supports the enforcement of certain projects.