Anselm: Celebrity Meme coins are mostly scams, essentially a game where insiders sell chips

Ansem, a cryptocurrency trader, stated that 99% of celebrity Meme coins are scams. Celebrities and developers obtain large amounts of chips in advance, use their popularity to attract retail investors to enter and sell them, and no longer continue to operate. Anselm is skeptical about Hunter Biden's upcoming LAPTOP coin, believing it to be no different from past projects.