In the world of cryptocurrency, memecoins, also known as ‘shitcoins,’ are tokens without true value created for quick profits. Examples include $Trump and $Melania, which have seen significant drops in value. Memecoins are based on internet memes, such as Dogecoin, originally created as a joke but now a thriving currency. Despite this, Kōura Wealth founder Rupert Carlyon warns against investing in memecoins due to their volatility and susceptibility to scams. He advocates for caution, research, and only investing what one can afford to lose. The rise of memecoins threatens the reputation of cryptocurrency as a reliable investment and highlights the need for regulation in the industry. Carlyon emphasizes the importance of understanding the project, its goals, and the risks before investing in memecoins.
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Prime Minister Christopher Luxon booed at ANZ Premiership netball final
Prime Minister Christopher Luxon faced boos from the audience during the ANZ Premiership grand final at Trusts Arena, where the Mainland Tactix secured their first title by defeating the Northern Mystics 58-46. Luxon, who presented the trophy to winning captain Erikana Pedersen, has been under scrutiny this year, including regarding a pay equity controversy, and this is not his first experience of being booed at a sporting event. Want More Context? 🔎
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