The celebrity token $MOTHER

is launched, a huge cycle of hype and promotion
Fans rush to buy at full speed
The token reaches a market capitalization of 300 million
It’s sold as something that goes beyond "a simple meme coin"
Real utility is promised
The Motherland casino is announced with great fanfare
Supposedly it would operate with the MOTHER token
In reality, it ends up functioning with USDT
Integrations with telecommunications companies are announced
They never materialized
The token’s utility gradually fades away
The promotion doesn’t stop
The price continues bleeding out
Small investors are left holding the bag
The token plunges 99.5% in less than two years
Market cap crashes to nearly 1 million
And that’s when lawsuits appear
Filed in a New York federal court
Accused of fooling investors
The complaint states that the project made promises that were never fulfilled
The same script over and over again
The celebrity releases a token
Promises a real ecosystem
The audience buys into the story
Insiders and early entrants get rich
The community is left devastated
The new development:
Regulatory agencies and courts start tightening the screws
The excuse of "crypto volatility, what can we do" is increasingly less convincing
These launches are increasingly being framed as securities fraud
Memecoins have always been attention-grabbing games
But when celebrities add fictitious utility and sell dreams to millions of followers, it stops being culture and starts smelling like theft
How many celebrity tokens have to blow up before people stop confusing being a fan with doing their homework?