People Coin promises a potential surge towards $1, but the hype around meme coins has been met with criticism. Investment expert
Cathie Wood warns about the dangers of meme coins, as evidenced by the recent scandal with Argentina's meme coin. The former US president,
Donald Trump's meme coin, managed to attract a lot of new crypto buyers but also caused losses for over 800k people. Crypto scams are on the rise, with the US charging 3 companies and 15 people with cryptocurrency fraud. Additionally, the crypto coin launched by the online star
Hawk Tuah Girl crashed within three hours. Still, with the current trend, owning 1
Bitcoin is potentially better than being a millionaire. However,
Robert Kiyosaki suggests that a crash is imminent and advises most people to sell. Reportedly, over 650 million people now have access to Bitcoin. On a brighter note,
Cryptocurrency gains have allowed some underprivileged individuals to buy houses, according to US research. Yet, crypto trading lies on shaky ground too. A significant proportion of fake crypto coins have been reported, with Trump's coin being the leading example.
PEOPLE Coin News Analytics from Thu, 05 Dec 2019 08:00:00 GMT to Wed, 19 Mar 2025 15:30:00 GMT -
Rating -4
- Innovation -3
- Information 8
- Rumor -2
