The 69 Dumbest Moments of the Year: 2024 Crypto Edition

For crypto, 2024 was the best of times and the dumbest of times. Here are 69 of 420 dumbest moments of the year.
Keith Watsica Ret. · 4 days ago · 3 minutes read


Dumb Moments in Crypto: 2024's Most Ridiculous Escapades

1. Meme Coin Mammaries: LIVEMOM

A suspected mother and her supposed son joined a livestream to shake their breasts, begging viewers to invest in her son's real meme coin. "Do you wanna see him pour milk over these 36DDs?" she asked, noting—in case we weren't already horrified enough—that her son "actually suckled on these. Now he's going to get to pour milk on them."

2. Getting Cheeky

The viral success of LiveMom kickstarted a live streaming meta where meme coin devs would do absurd things to boost their Pump.fun tokens—some would call it performance art. One dude tied his hands so he couldn't dump on investors, another claimed to have no arms at all (before revealing them and selling everything), and a third dev said he had kidnapped someone. We wish that was the worst of it, but it definitely wasn't: one guy lost his tooth while boxing, and another genius simply streamed their spread ass cheeks.

"先日、ハンズというトークンを作成した人が、「私は無手です。ラグプルできません」と書かれた紙を持って顎の下に置いてポーズを取っていました。"
"しかしピーク時に、彼は背中の後ろから手を出し、帽子の中からウサギを出す魔術師のようにトークンを売却してしまいました。 pic.twitter.com/MalhNvz3Pb"
"- Rizz God () 2024年5月6日"

3. Making a Lot of Mollah

Since the release of the Bitcoin whitepaper in 2008, people have wondered who Satoshi Nakamoto is. In October, one man stepped forward, claiming to be the real deal. British-Asian macroeconomist Stephen Mollah said he had been trying to reveal his true identity for some time, but people kept stopping him. At the event (which he charged an entry fee of £5000 for), he also claimed to have created the Twitter logo, ChatGPT, and the Eurobond, a type of debt. Mollah rambled for over an hour, eventually claiming that he would move Bitcoin from the Genesis block "very soon" but he had to prepare for it. (Sadly, this still hasn't happened.) When diving through his Twitter account, we found a spree of 2018 posts calling out all of the "Faketoshis" out there, accompanied by some interesting images.

"Stephen Mollahという男がステージに登場した。彼は、ビットコインの謎の発明者であるサトシ・ナカモトであると主張している。彼は以前にもこれを主張しており、現在はそれについて法的紛争に突入している。彼は今、証拠を提示すると言っている。"
"- Joe Tidy BBC News () 2024年10月31日"

4. See the Kitty? Pet the Kitty. No, Not That Kitty...

Solana meme coin factory Pump.fun has been the home to some of the most jaw-dropping, idiotic moments in crypto. A case in point was when degens started trading a coin based on an "invisible cat" called Kieth... it's just a photo of an empty room. And yes, it's spelled that way.

5. Slerf's Up!

A developer accidentally burned $10 million worth of pre-sale tokens raised for the about-to-launch Slerf meme coin—rather than sending them to pre-sale participants. What happened next? The token shot up to a market cap over $700 million, of course.

6. Florida Man Says to Slerf Dev Hold My Beer, Burns Self to Pump Token

A Florida meme coin dev set himself on fire in an attempt to pump his token. It worked, and the token spiked over 2,000% to a market cap of $