'Celeb Coins' are the worst thing for a crypto bull run.

The SOLE purpose of celeb coins is to steal money from the trenches.

Money that would've stayed in the ecosystem betting on memes, is extracted into the wallets of those who buy gold chains, supercars and bottles in the club.

This is the process of a celeb coin launch:

1. Crypto grifter pitches celebrity on launching a memecoin.
2. They reference recent big winners ($TRUMP), the amount made, 'bro I have a dev who can make you millions'
3. Celebrity asks for big upfront payment + % of profits made
4. Crypto grifter launches coin, snipes large % at launch
5. Celebrity posts their agreed amount of tweets/IG story posts 
6. Supply is dumped into as much volume as possible
7. Profits get extracted from Crypto and spent in the real world