This memecoin is up 1500x in a week and it's making me sad cause I finally turned my back on memecoins like 2-3 months ago and now we have potentially another Pepe situation on our hands. My anger knows no bounds. I will never hit a winner.
Just crossed $300m MC with like $50m daily volume.
I just took such a nasty smelly dump that the raw fumes are wafting into this thread now.
>I will never hit a winner.The sooner you actually realize this the betterYou haven't actually realized it yet which is why you're still posting this99% of all coins that do anything are insider led, meaning you cannot possibly know about them until it's too late. You're not getting rich chasing insider pumps. Learn actual market cycles, and invest at the bottoms of those cycles
>>62443714i have actually hit quite a few pumps, but no crazy shit like this. You're right though.
>>624436431% liquidity hunting scam.
>>62443727even less lol
>>62443714Bro you could've bought at 80 mill. Heck you could've bought this morning and be on your way to a 1.5xIf it goes to 1bill then that's a 3xLet's check back in 12 hrs
>>62443973I first saw it at 10m but didn't even consider buying. I guess im still rooting for it to go Pepe style because that could spark a bunch of other runners.
>>62443643When you look at these Solana scams, you realise it's not even a pump and dump in the normal sense.The founder is usually just 1 guy, who puts down like 5-10k of his own money into the coin and is holding 70%+ of the supplyThe second, ANYONE buys any amount from him, he will dump his 70% supply.So it's not like he is hoping many other people but in and then he gets out at the top...He is hoping any ONE other person buys and he is immediately dumping his entire stack There is no chance of winning. If you take 1k and buy in you might as well wire the founder of the coin 1k. Because that's basically what's happening quite directly. This is why it always seems like it collapses after you buy in. Because there WAS no one else. There was the founder with a few bot accounts trading between themselves simulating slow hockey stick growth.. the moment you buy in... He detects that there's money in the pool that isnt part of his bots wallets and immediately takes it. The coin dies And a few hours later he starts up a new coin and the bots start simulating growth again. He can make maybe $500 every few hours just from a new idiot/gambler thinking he got unlucky and trying his luck with another $500 on the next possible shitcoin, maybe this one will 100x and be Bitcoin! I can't be so unlucky that it always goes down when I buy! It's only a matter of time for me!
It's a complete bundled scam. You guys are dumbass third world monkeys with 80iqs.
>>62443714ThisI spent a lot of time in the memecoin world because some retard added me to a whale chat by mistake, shit was ridiculous, sadly they noticed and I got kicked out
>>62444210In fact I think if we put aside our ethics hat and look at this from the perspective of a money-making scheme, it can be quite profitable;Instead of plowing 1k into some random shitcoin, make your own;Launch it. When you launch a coin it creates it's own liquidity pool basically, where you put in your 1k (real money), on one side, and the other side is filled with the some subset of new tokens (The remainder of which you premine and hold).When a user comes to this coin they buy the coin by transacting with the liquidity pool; they put in real money into the 1k side, making it 1.1k, and in exchnage they get some of the shitcoins out of the other side; The pool is constantly calculating the 'price' of the shitcoin by the ratio of the 'real currency' on one side and the shitcoin on the other side. So the shitcoin has increased in price as the user has put more real money on the real money side.The problem ofcourse is, the founder is holding the entire premine. So the current situation is this:The coin is worth basically 0. He pulled it out of thin air, made it up.The founder has 1k of his own money locked in the pool; At any time he can just dump his entire pre-mine in there crashing the price of the coin to 0; (as he will just keep selling his premine into the pool until the real money side goes to 0, but he gets nothing for doing this, as it's his 1k).BUT, when you come in and put your $100 or $1000 into the pool; now the pool has money in it, that the founder didn't put in. But because he still holds the premine he can dump the entire set into the pool, and vacuum out the real money side; INCLUDING your $100 or $1000.This 'appears' as a price crash in the coin shortly after you bought; But actually it's more malicious than that; It's simple theft. There was no market. It was just bots making it look like a hockey stick coin, and 1 other guy in there waiting for the first idiot to drop ANY money in.
