While I understand that, it's not trivial to unambiguously classify when something has no property of "value". It's easy to contrive your fartcoin example, but

While I understand that, it's not trivial to unambiguously classify when something has no property of "value". It's easy to contrive your fartcoin example, but if this were universally true you couldn't use the words "memecoin" and "rugpull" in the same context (because there's no rug to pull when something has no value) and yet that is all I see. Say recently https://www.web3isgoinggreat.com/?id=milei-memecoin-promotion https://www.web3isgoinggreat.com/?id=milei-memecoin-promotio... https://www.latintimes.com/crypto-trader-shot-himself-live-x-after-losing-hundreds-meme-coin-rug-pull-his-dying-wish-576586 https://www.latintimes.com/crypto-trader-shot-himself-live-x... https://defector.com/the-hawk-tuah-memecoin-rug-pull-is-the-apotheosis-of-bag-culture https://defector.com/the-hawk-tuah-memecoin-rug-pull-is-the-... https://beincrypto.com/kanye-west-barkmeta-meme-coin-controversy/ https://beincrypto.com/kanye-west-barkmeta-meme-coin-controv... https://beincrypto.com/libra-meme-coin-linked-to-melania/ https://beincrypto.com/libra-meme-coin-linked-to-melania/ https://www.ccn.com/news/crypto/child-streamers-30k-crypto-rug-pull-stunt-harsh-memecoin-reality/ https://www.ccn.com/news/crypto/child-streamers-30k-crypto-r...