This is why market cap is an extremely poor measurement of value.....
However, even if such a thing never happened, the ability to hide value in illiquid and low market caps will always be a thing. Pumping your own bags is a real strategy at the top-end.
The shit memecoin community would like to have a word with you lol. Its this on an even more volatile, illiquid manner. Sometimes with no real direction or owner. Some lessons are read, others are learned the hard way.
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I personally would want to learn more about Memecoin if it has some future looking roadmap.
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It's possible for a memecoin to be bought out, brought under new management and development, and have a "Grand Re-Opening" with a different mission or purpose. How many of these memecoins could have been used by the Canadian truckers of Winter 2022 and those who supported them had they been re-released earlier as re-purposed altcoins?
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