Meme Coins: Casino for Retail, Goldmine for Platforms

[cryptobro]

Galaxy Digital warns that the meme coin market functions like a casino: the house always wins. Retail participants encounter risks including honeypots, rug pulls, and copycat tokens, while infrastructure providers reap concentrated profits.

Despite the speculative frenzy, meme coins serve as an onramp for new crypto users, drawing attention to wallets and DEXs. Yet, the report emphasizes that most individual traders lose money, highlighting the paradox of mass participation and concentrated wealth in the ecosystem.

[EmTeam]

️ Galaxy Digital says meme coins operate like a casino — where the house always wins. Retail faces honeypots, rug pulls & copycats, while infra providers pocket the real profits.

[Nahid10]

The takeaway: meme coins are high-risk speculation. Unless you’re running the “house,” odds aren’t stacked in your favor.