Part 4/8:
This stage can best be described as the initiation into the chaotic world of memecoins, a rite of passage that many will never forget. The thrill of trading tokens like SafeMoon, Dogecoin, and others provides a unique rush, but it’s also fraught with hazards.
Many investors experience the euphoric highs of massive gains, only to be met with harsh realities, such as rugs—termed scams where developers abandon their projects. The community-driven hype often leads individuals to invest in coins with astronomical market caps based solely on social media buzz. In this environment, reality often collides with fantasy, leaving many would-be wealthy individuals disillusioned.