November 27, 2023
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November 30, 2023
MUNGER experienced an astonishing debut on the Uniswap decentralized exchange, with a surge of 31,500% shortly after its launch.
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Despite the significant percentage gains, MUNGER's value remains extremely low, priced at $0.00000001884.
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Despite Munger's Anti-Crypto Stance, Meme Coin Traders Pump $3.57M in 24-Hour Surge.
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MUNGER's market capitalization initially exceeded $132,000, but it rapidly decreased, emphasizing the unpredictability and risk associated with meme coins.
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Charlie Munger was a vocal critic of cryptocurrencies, describing them as "worthless" and "beneath contempt.
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Munger's specific criticism extended to Bitcoin, which he regularly referred to as "rat poison." This reinforces his overall negative stance towards digital assets and blockchain technology.
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Meme coins pose risks with 'rug-pulling,' where anonymous creators withdraw liquidity, leaving investors with significant losses.
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