Inside India’s Meme Coin Circus – Powered by Greed, Telegram, and Terrible Tokenomics
EduInvesting Exclusive: The funnier it sounds, the scarier it gets.
🎬 Scene 1: From ₹10K to ₹40 Lakh — Overnight.
Let’s call him Rishi.He bought ₹10,000 worth of“PepeRamCoin”after seeing a meme on Twitter.It 400x’ed in a week.He flexed screenshots. His DMs were flooded. His gym trainer asked for “crypto tips.”
He didn’t sell.
Then… the devs disappeared.Telegram was deleted.Chart collapsed 99.8% faster than your last relationship.
Today, Rishi’s ₹10K is worth ₹43.
🧠 WTF Is a Meme Coin Anyway?
| Term | Translation |
|---|---|
| Meme Coin | Coin with no utility, born from meme culture |
| Liquidity Pool | Where you think you can sell |
| Rug Pull | When devs run away with your money |
| Pump | When influencers say “next 100x coin 🚀” |
| Dump | When you buy, they sell. Every time. |
Meme coins are theTikTok of crypto:All dopamine, zero depth,
and one day you’ll regret being involved.
🇮🇳 But Wait — This Is anIndianProblem Now Too
Enter: 🐶 DogeLakshmi, Modicoin, JattCoin, HanumanFi, ShibaYogiji
Some of these:
- Launched byanonymous founders with Gmail IDs
- Promoted byinfluencers wearing Gucci and sitting in rented Fortuners
- HaveTelegram groups with 10K+ botsand
- Still somehow got listed on shady exchanges
💡 One pump group even said:
“Team from IIT + ISRO backed project with AI tokenomics”Which is literallyjust words from Twitter trends pasted together.
💰 Why Retailers Keep Falling For It
| Trigger | How You Get Hooked |
|---|---|
| 📈 10x screenshots | Fake MetaMask shots flood groups |
| 🤳 Influencer FOMO | “I just made 3L from ShibaBaba, don’t miss it” |
| 🔗 Pre-sale drama | “Only 500 slots left” = There are infinite slots, bro |
| 🛸 Techno gibberish | “Decentralized Quantum RealFi Token” = nonsense |
| 📣 Referral Ponzi | Invite 10 friends, earn free tokens… of nothing |
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