Crypto meme coins are getting a harsh review, and the message is bad for small investors chasing them.

• Meme coins are called dangerous and likely to cost regular Americans a lot of money.
• They get lumped in with rug pulls and scams, where creators cash out and leave buyers with worthless tokens.
• There's an ethical problem with a sitting president pushing a trend he knows will take off.
• Trump's own coin gets called out as possibly a rug pull, with most of its money coming from meme coin buyers.

Outlook: Expect more scrutiny of presidential crypto ventures, while meme coins stay a high-risk bet for everyday buyers.