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Illuvium co-founder predicts wave of crypto 'meme games' with heavy losses

Illuvium co-founder Kieran Warwick said crypto 'meme games' are coming and predicted many will be ponzis, be exploited or die quickly, with big gains for some and heavy losses for others. The post quotes his warning that people will get 'absolutely f***ing rinsed.'

Why “Unverified”

  • Reported by Cointelegraph alone, with no second source or primary confirmation yet

1 independent source group across 1 post · evidence score 48/100. How labels work

What the sources claim

  1. Warwick said many crypto meme games will be ponzis, get exploited or die instantly.

    “Plenty will be ponzis. Plenty will get exploited. Plenty will insta die.”
    Cointelegraph
  2. Warwick said there will be large gains but also people who lose heavily.

    “There will be ridiculous gains, and people will get absolutely f***ing rinsed”
    Cointelegraph

Sources

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Summary and claims extracted by AI with prompt analyze-story@5 on 2026-10-22 05:40 UTC. Labels are computed from the sources, not by the model.