A kid creates a meme cryptocurrency, pumps it, and people that just want to get rich quickly buy it. The kid then rug pulls and makes $30K.

The vast majority of cryptocurrencies that came after Bitcoin are shitcoins / memecoins. They serve no purpose other than making their founders rich. You shouldn’t throw away your hard-earned money randomly on any cryptocurrency just because you want to make big gains fast—that’s how you’ll get scammed.

What you should do is study the history of money. Study the history of interest (riba). Ask yourself: what is money? Study how humanity arrived at the current global central banking fiat debt system—who does it benefit, and at whose expense? Study why gold has been viewed as the best form of money for thousands of years. Study the problem Bitcoin is trying to solve in the digital age. Both copper and gold are metals, but why is one more valuable than the other? Similarly, Bitcoin and the cryptos that came after it are all cryptocurrencies, but what makes Bitcoin superior to the others?