Meme coin holders BEWARE. There is a nasty exploit draining all of your favorite meme coins and the reflection coins which reward you for holding them. This exploit traces back to Safemoon’s contract and today we are going to tell you why Safemoon is anything but safe. In fact, Safemoon’s exploitable contract being forked by over hundreds, or thousands of projects may be the downfall of the meme coin market. A meme coin apocalypse? Pardon me for busting a move in celebration. Today we’ll break down the latest Safemoon news and review the future of meme coins.
0:00 Intro
1:19 Meme coins, reflection tokens, and Ponzi schemes
2:15 Safemoon exploit
5:30 Who else affected?
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