Recent allegations against MEMENETIC have raised awareness of potential manipulation schemes in the meme coin market linked to influential figures.
Absence of Confirmations in Influencer List
Notable blockchain investigator ZachXBT has not confirmed the issuance of a list of 81 influencers connected to the MEMENETIC presale as of August 24, 2025. The lack of evidence highlights ongoing challenges in verifying influencer-driven promotions, negatively impacting investor trust.
Increased Scrutiny on Influencer-Driven Schemes
The growing focus on influencer-driven schemes has led to stricter regulatory oversight. Investors are urged to exercise caution, as recent events reveal manipulation patterns and adverse consequences for retail traders. Losses experienced by traders due to declining prices in meme coins are becoming a topic of active discussion within the community.
Lessons from Past Meme Coin Surges and Crashes
Instances of drastic price fluctuations in meme coins, such as recent surges and crashes of YZY, are recurring events. These examples emphasize the importance of education and regulatory oversight to protect investors from market manipulation.
The absence of confirmed information regarding connections between MEMENETIC and influential figures raises new questions about the reliability of investments in meme cryptocurrencies, highlighting the need for more careful sourcing of information.