Odaily reports that Eliézer Ndinga, the strategy manager at 21Shares, posted on the X platform stating that the LIBRA token scandal marks the peak of the meme coin craze, prompting the need for stronger risk management measures on Launchpad platforms. At the same time, regulatory clarity globally is crucial - especially regarding government officials launching their own meme coins. While permissionless innovation should be open to all, guardrails must be established to protect consumers and prevent fraud. For example, automated systems can flag contract addresses previously involved in rug pulls to help investors avoid fraudulent activities.