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When it comes to the meme coin rug pull scams like the recent Hawk Tuah one, aren't almost as many people making money as losing it?
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Does the same principle of stocks not apply, e.g. buying low, selling high? Is it not just an hour long stock lifecycle? In this case, Hawk Tuah girl comes away with some of the money, of course, but if you bought a ton of shares at .001 cents a HawkTuah coin and sold at .004 before it went to .000001, could you profit? Just seems like an extremely quick gamble, rather than a complete theft from camp Tuah. Disclaimer: don't do this. I'm just wondering if people did.

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2 weeks ago