Damn so I finally made myself download TikTok and check some of the most liked videos with crypto tags and it's so much fucking worse than I could have even imagined. I feel like I need to disinfect my eyes. So many of them have 100k+ likes
I think this one takes the cake. Absolute trash cash grab ICO and the dude “confuses” payment methods to buy tokens with companies investing in the project. “Visa and Metamask are investors”
Also look at this 10yr old making $1k a day from options and crypto
And what about this kid aping into a token he likely created himself based on a tweet by Elon. This video has 1 fucking million likes
I'm just gonna stop here, I can hardly take it anymore. Main learning here is that these kids will keep creating these useless "meme coins," a few of the early ones will make good money and the rest will lose a shit ton. Froth is 10/10 and it only delegitimizes the rest. Sad tbh
This is potentially even worse than 2017 ICOs when Indian kids were at least pretending to build something. Now it's just TikTok pump and dumps by influencers.
You can follow @lawmaster.
Tip: mention @twtextapp on a Twitter thread with the keyword “unroll” to get a link to it.

Latest Threads Unrolled: