Yes, I want to agree that he's been on a losing streak and he probably lost the remaining 500$ from a massive rugpull. Places like Twitter are the culprit. You hardly pass without someone showing you their wallet where they have $500k made my memes. I think people get pulled into these games. I mean, what a way to make a fortune overnight without actively being involved.

Quick money schemes are what memes are and I honestly agree that nothing could be worse than memes no matter how bad they actually are.

after that it will crash unavoidably.

Can you imagine that. I some people will actually go for it, pay a few influencers, hype the coins and it'll crash. It later becomes a dead token used to cheat people of money.

I agree with BTC. However I think all utility project coins are profitable when you time the market. The problem is memes coming in to dilute the market