Yeah, I get people getting sucked in during the earlier hype cycles, but when the platform's called something like pump.fun, it's hard to feel that the folks getting suckered and the ones suckering them are only separated by skill, not intent.

StillStackinAfterAllTheseYears

Still, the controversy doesn’t seem to be clouding the outlook for memecoins. At the end of February, US Securities and Exchange Commission staff stated that memecoins are not considered securities. The SEC staff compared memecoins to collectibles, noting they have limited or no use or functionality and are often accompanied by statements about their risks and lack of utility. As a result, people who offer and sell memecoins do not need to register with the agency, and buyers are not protected by federal securities laws.

I might have felt sorry for shitcoin traders in 2021.  But if you're still trading memecoins in 2025 I have no sympathy.

news

Solana is Scammer Memecoin Hell

> Still, the controversy doesn’t seem to be clouding the outlook for memecoins. At the end of February, US Securities and Exchange Commission staff stated that memecoins are not considered securities. The SEC staff compared memecoins to collectibles, noting they have limited or no use or functionality and are often accompanied by statements about their risks and lack of utility. As a result, people who offer and sell memecoins do not need to register with the agency, and buyers are not protected by federal securities laws.

Interesting little legal tidbit there. 

I might have felt sorry for shitcoin traders in 2021.  But if you're still trading memecoins in 2025 I have no sympathy.
