According to Cointelegraph, crypto ‘meme games’ are anticipated to enter the market alongside existing memecoins, with creators and investors aware of significant risks. Illuvium co-founder Kieran Warwick commented that many projects will likely fail quickly, experience exploits, or operate unsustainably. He also acknowledged that some users may achieve substantial short‑term gains while others could lose all invested amounts.
The statement emphasizes realistic expectations: rapid failures are probable, fraudulent or predatory models may appear, and inexperienced participants—including long‑term holders referred to as ‘bagholders’—face heightened exposure. No specific timelines, project names, or quantitative figures were provided in the source.
