Degens = Financial Illiterate ⁉️
We need to talk about this.
$IMG once again proved how Web3 degens are the most easily manipulated crowd in financial history.
The same pattern over and over: follower-farming KOL clowns like @cryptobeastreal or @barkmeta @ardizor and many more, (tbh almost all big accounts in CT) pushing worthless garbage, rugging their own followers for a few thousand dollars or millions while pretending to be “alpha hunters”.
Web3 is stuck in a death loop:
Hype → Exit Liquidity → Silence.
The collective memory in Web3 lasts about 48 hours. After that, scams are forgotten, victims are ignored, and the next rug is already trending.
But WHY do degens never learn?
Because they’re financially illiterate perhaps?
This isn’t an opinion. It’s a measurable fact, says a study.
According to the S&P Global Financial Literacy Survey, only 33% of adults worldwide are financially literate.
Where are the worst numbers?
Exactly where most rug victims come from:
Vietnam: 24%
Philippines: 25%
India: 24%
Indonesia: 28%
Nigeria: 26%
Turkey: 27%
These are the regions topping the global crypto adoption index, while having the lowest financial education levels on Earth.
In contrast, Europe stands far above:
Switzerland: 72%
Sweden: 71%
Netherlands: 68%
United Kingdom: 67%
Germany: 66%
Austria: 66%
Italy 64%.
The USA? A mediocre 57%.
Japan? Only 43%.
That’s exactly why we started this project.
But we’re fighting against ignorance and a lack of acceptance, simply because we’re not a hyped shitcoin.
No worries.
We’ll take on all of them.
And we’ll prove it to everyone.
So why do degens lose?
Because they don’t know what due diligence means.
They don’t research.
They follow hype like moths to a flame.
And scammers know it.
Launchpads have turned scams into a business model.
They’ve made rugpulls socially acceptable.
Day after day, they drop garbage tokens, knowing degens will ape in blindly, praying for a x10, only to get drained.
Since late 2024, I haven’t seen a single legit project rise from zero.
Not one.
All real projects are already here.
$MASTR is here as example and has badged a few cool coins, building, delivering, exposing scams, audited, transparent.
But degens don’t want reality.
They want shiny, hyped, influencer-pushed garbage.
And then they cry.
Again.
The fast money era is dead.
There’s no more “early = profit” in 2025.
Liquidity has been extracted for months.
The only ones making money are those scamming you.
Degens still haven’t learned that success now comes from investing in builders, not farmers, not influencers, not meme-driven vaporware.
MASTR has been screaming this for months.
Almost nobody listened.
