Altcoins● Neutral

Crypto 'meme games' may be the next wave, and buyers could take heavy losses

TradingGain Newsroom·7d ago·22 Oct 2026, 05:35 UTC

Illuvium co-founder Kieran Warwick says a new wave of crypto 'meme games' is on the way, after memecoins. He expects many projects to be Ponzi schemes or exploits, with some failing within hours. For traders, it is a reminder that hype-driven tokens can bring sharp gains and sharp losses.

Why it matters

Warwick expects many new meme games to be Ponzi schemes or to be exploited.
He says some projects could fail almost immediately after launch.
He also expects some very large gains, which can pull traders into high-risk bets.

What to watch next

Watch for new meme-style game token launches and whether exploits or fast sell-offs follow in the altcoin market.

This brief is written by TradingGain from public reporting by Cointelegraph.Read original ↗

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TradingGain News summarises public reports in our own words and always links to the original source. Market Data stories are generated automatically from public exchange data. Nothing on this page is financial advice; always do your own research and use a stop-loss.