Part 2/7:
A pivotal moment in the conversation centered around an in-depth interview by Coffeezilla, featuring an individual named Hayden, who reportedly incriminated himself while discussing insider trading relative to the release of two notable tokens: Libra and Milani. These tokens are part of the meme coin category on the Solana blockchain, and their rise has been shrouded in controversy.
The host urged viewers to keep in mind that investments in these meme coins are inherently speculative. He likened trading in meme coins to gambling, warning that many elements are stacked against retail investors, primarily because insiders know the “when” and “how” of token releases, allowing them to profit while average investors often find themselves blindsided.