21Shares Strategy Director: LIBRA Scandal Marks the Peak of Meme Coin Craze

Odaily Planet Daily News 21Shares Strategy Director Eliézer Ndinga posted on the X platform that the LIBRA token scandal marked the peak of the Meme coin craze, prompting the need for stronger risk management measures on the Launchpad platform. At the same time, global regulatory clarity is crucial - especially about government officials launching their own Meme coins. While permissionless innovation should be open to everyone, guardrails must be established to protect consumers and prevent scams. For example, automated systems can mark contract addresses previously involved in Rug to help investors avoid fraudulent activities.