Is every memecoin just a scam? Experts on whether Andrew Tate and Trump are fleecing their followers

After I was turned into a memecoin, I looked into the hype behind the crypto that only a tiny percentage of people profit from

In November last year, I was turned into a memecoin. Several, in fact.

Someone alerted me that a memecoin called Dork Nerd Geek ($DNG) had been minted with a picture of my face, and it already had a market cap (the total value of all coins in circulation) of $29,000. Twenty minutes later it was $100,000. An hour later it was $800,000.