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In the crypto space there are approximately one billion of memecoins, which are just smart contracts. These smart contracts hopelessly diluted the market and it's time to call them fake-crypto. Cause that's all they are. They give power to a central entity to scam you. So it cannot be considered crypto, cause real crypto is permissionless, trustless, and decentralized. Memcoins are NEVER trustless: We have all seen what happens, when a central entity, such as Trump, Melania, Hogan, Milei, gets …
— ORIGINAL POST ·
Dogecoin: The worst blockchain.
· r/CryptoCurrency
· Aug 18, 2026