Uniswap CEO Hayden Adams has sparked a conversation in the crypto community. He says many token launches are done on purpose, not by mistake. His comments follow the rise of controversial meme coins such as LIBRA, MELANIA, and TRUMP. These tokens face accusations of price manipulation and pump-and-dump schemes.
Adams said in a post on X that flawed token launches are usually planned. He said that if a token launch fails, it’s probably intentional. This suggests that some projects take advantage of investors rather than making real errors.
The LIBRA meme coin is connected to Argentine President Javier Milei. The token rose in value and drew many investors, but then it crashed, causing big losses for about 40,000 people. Milei denied involvement, but blockchain investigations suggest otherwise. Reports say the LIBRA team tried similar schemes in Nigeria.
Other meme coins have also been questioned. The MELANIA token, linked to Melania Trump, hit a $2 billion market cap but then fell sharply. Blockchain analysis showed links between LIBRA and MELANIA wallets, indicating possible manipulation. The TRUMP token faced accusations of insider trading as well. Investigations revealed that a few wallets held most of the TRUMP and MELANIA supply, raising worries about price manipulation.
Many in the Web3 community want clearer rules for token launches. Some say projects should use auctions and locked liquidity to ensure fairness. Adams has been asked by users if there is a guide for safe token launches. Critics say Uniswap hasn’t done enough to stop exploitative practices.
Adams’ remarks have ignited discussions on crypto transparency. Some think Uniswap needs to do more to protect investors. Some say Adams is hypocritical, claiming Uniswap could have made a fair launchpad but chose not to. The debate goes on as the crypto community talks about ethical token launches.
