Comment by meowface

It's a scam or a pennystock grift or whatever term you want to use.

https://x.com/Fizzy__01/status/1956006313848397861

100% of these things are somewhere on the scam and fraud spectrum. An unscrupulous person creates a token or a platform for creating tokens with the goal of raising the worthless token's price so they can parasitically make millions from something that holds zero value.

The "fund creators" thing is a common ploy. If they actually wanted to do that, they'd make it so you can only donate with dollars or stablecoins.

Look at the dozens of replies to all of Yegge's posts, now: https://x.com/Steve_Yegge/status/2014530592134910215