From MemeCoins to Scandals: An Evaluation of The Crypto Sphere and OneCoin's Ongoing OutlookInvestor sentiment in the crypto market has been tested with the ongoing scandal of
OneCoin, widely seen as a scam, with its 'Cryptoqueen' still active and investing in Dubai. The recent asset freeze against OneCoin's mastermind, Ruja Ignatova, and her associates by a UK court aims to curtail this fraudulent activity.
Alongside this, the world of
crypto is seeing a rise in
MemeCoins like Punisher Coin, Floki Inu, and the newly launched Trump MemeCoin, $TRUMP. Some view these as valuable investments while others, likening the $TRUMP coin to OneCoin, argue they lack innovation and substance.
Established
cryptocurrencies also remain in the scene with notable stocks like Coinbase and Visa showing unusual
options activity. Meanwhile, cryptocurrencies are increasingly becoming treasury assets, a move recently undertaken by MEI Pharma having Litecoin as its primary treasury asset.
Importantly, valuable insights can be drawn from the simultaneous arrival of OneCoin's co-founder's 20-year jail sentence for multibillion-dollar fraud and the withdrawal of claims against the founders of BE Club concerning OneCoin.
ONE Coin News Analytics from Thu, 14 Nov 2019 08:00:00 GMT to Wed, 06 Aug 2025 12:47:31 GMT -
Rating -7
- Innovation -5
- Information 6
- Rumor -2
