For the first time, US residents can invest in memecoins through traditional brokerages. Trading will only get stranger from here.

For the first time, US residents can now invest in memecoins through traditional brokerages. Trading will only get stranger from here.

  • Echo Dot@feddit.ukEnglish
    2·
    1 day ago

    I suspect that this will actually just result in them doing a lot of pump and dump schemes. They all seem to be in it for the short term so they’re not interested in long-term stability since stability generally means small profit gains. Market instability is where the con artist thrives.