THE even BOOM – The phenomenon in which retail and institutional investors have paid their money into Dogecoin and Shiba Inu – ends.
Or at least that’s what Bitwise’s investment chief Matt Hougan seems to believe. In an appearance on the YouTube channel of the Investment website The Motley Fool, Hougan said that the “Supercycle same” could stop over the next six months. If this is the case, this will probably be due to the rise of potentially fraudulent tokens like Melania and Balance.
The “ Supercoin Supercycle ” could serve in the next six months, according to Bitwise CIO @Matt_hougan.
Hougan thinks that the emergence of the same scam like Melania and Balance could end the domination of the story.
Read more here:https://t.co/uehds6zxwn pic.twitter.com/cktnxtyfan
– The DESIGHT (@DEYEUXNEWS) February 26, 2025
The fall of the same mania: scams and money laundering threaten the story
Same is a very long time an original and unpredictable segment of the cryptocurrency market. Initially considered as a humorous or speculative investment, many of these tokens, such as Dogecoin, have acquired considerable importance and prompted substantial rise, thanks in part to celebrities fueled by social media. However, according to Hougan, this trend could now approach its end, with the emergence of fraudulent projects throwing a dark shadow on the sector. He specifically highlights the appearance of scam token like $ Libra and $ Melania, who have raised red flags for investors and analysts.
These tokens, from their high -level marketing campaigns, drew attention to all bad reasons. Balance and $ Melania projects were criticized for having allegedly had initiates with ulterior motives, including suspicions of market manipulation and money laundering. This sends shock waves through the same community, because these actions threaten market legitimacy.
The latest controversy surrounding $ balance and $ Melania only intensified these concerns. It has recently been revealed that the initiate team behind these tokens used a very suspicious strategy to whiten the funds. They spent a soil of 19,846 for the eyes (worth around 2.76 million dollars) to buy a same called Pope, a token with a market capitalization of less than $ 150,000. In a decision that seemed to have little consideration for the economic fundamentals of the same, the team subsequently sold the pope tokens for only 175 soil (worth $ 24,000), resulting in a massive loss of $ 2.73 million.
It seems that the $ Libra And the team of $ Melania initiates turns funds.
They spent 19,846 $ Soil($ 2.76 million) to buy a same (Pope) with a market capitalization of less than $ 150,000, and sold it for 175 $ Soil($ 24,000), losing $ 2.73 million!
These $ 2.73 million was actually channeled towards other wallets in a “legal” … pic.twitter.com/acdc0edcjx
– Lookonchain (@lookonchain) February 26, 2025
However, the most disturbing aspect of this transaction was the way the money was manipulated. The loss was not just a misstep in a high -risk investment. Instead, the $ 2.73 million was channeled through various wallets in what seemed “legal”, potentially indicating a sophisticated money laundering operation. The funds have been moved so that it is almost impossible to retrace the exact flow of money, raising serious questions about the legitimacy of the operation.
This event not only triggered concern in the face of the integrity of certain even companies, but also raised doubts about the overall solidity of the same market. With alleged initiates using these tokens as fronts for shady transactions, it becomes more and more clear what even in assembly and which are part of an idiot.
An imminent end to the same supercycle?
Emerging from day to time, the same becomes more and more competitive, seeking not only a foot, but a real place in the cryptocurrency market; Many of them frankly try to copy the success of Dogecoin – and of course, it is a failed strategy, because if you have to try to claim that you are part of a funny meme, so maybe you don’t have as much for you as your creators would like. And what is sad is that by trying to go somewhere, some of these tokens will not decided anywhere.
The increase in scams and initiate crimes does not only affect individual investors, it also places the story of the whole investment surrounding the same in a bad place. If projects like $ libra and $ Melania continue to make the type of titles that we would prefer not to make, they could cause a real and lasting drop in the interest of investment surrounding everything they are part of – the measures in this case.
Given all these recent events, we cannot consider Hougan’s prediction that the same supercycle could end as far -fetched. Each day seems to bring news of more tokens projects designed for a little more than generating income for those behind the program. It is unlikely that projects that serve as scam vehicles or money laundering to prevail over the heart and mind of investors. We already see a sour feeling (largely thanks to the same nature of the same). When combined with the big questioning points on these projects, the regulatory concern seems a more serious and more possible threat than for certain cryptographic projects.
The future of same and the prudence of investors
Although this may seem to be the case, the same supercycle is not yet finished. The larger cryptocurrency market is still rich in opportunities. Even if recent events have shaken space, attracting new participants in industry, decentralized finance (DEFI) and blockchain technology continue to attract new participants in industry. However, just like any speculative market, the same bubble begins to show signs of burst. The individuals who have become tangled in the same madness should be very cautious and consider the following:
The promise of rapid benefits can even attract the most prudent investors. The scams are increasing, and with them, the use of cryptocurrencies for shady offers. Investing in something you don’t understand can have very painful consequences.
There is no guarantee that something in this space will retain its value, and most analysts expect many, otherwise most of these parts will become worthless.
Going forward, it is essential that regulators and the wider cryptocurrency community increase their game to make sure that blockchain technology is not used for bad things.
The general public projects that really want to provide value and innovate must do a much better work to pursue this objective, and they must work much more difficult to distinguish themselves from all the questionable things that exist, in particular the nonsense that seem to have been created just to separate their money.
Currently, the same supercycle seems to have the potential to be a fairly good conduit for scams.
Disclosure: they are not negotiation or investment advice. Always do your research before buying a cryptocurrency or investing in services.
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