Memcoin, the craziest money-making machine or the stupidest bubble?

"We're going to Miami! We're going to buy Lamborghinis!" The 16-year-old university student from London, Oliver Szmul, spoke hoarsely, barely able to contain his excitement. That was in mid-May, when he had just seen a cryptocurrency called Jail Cat skyrocket in market value to nearly $1.9 million overnight, a cryptocurrency he and a few friends had created on a whim just weeks earlier.

Memcoin, the craziest money-making machine or the stupidest bubble?

"We're going to Miami! We're going to buy Lamborghinis!" The 16-year-old university student from London, Oliver Szmul, spoke hoarsely, barely able to contain his excitement. That was in mid-May, when he had just seen a cryptocurrency called Jail Cat skyrocket in market value to nearly $1.9 million overnight, a cryptocurrency he and a few friends had created on a whim just weeks earlier. 

 https://s.followin.io/s/FjtkLKDbEn