$16 in $3 million

[WAndreas]

I've become curious, who and how works with meme coins? I'm considering this direction. One person invested 16 dollars and earned 3 million in two weeks. Another invested 15.5k dollars and earned 56 million. Both invested in PNUT.
And where was I during this time? Why didn’t I invest in this meme coin too? It’s clear that the cases they write about are one in a million, but I don’t need to make 3 million. Half of that would be enough for me. There must be some hidden catches, though. But where aren’t there any? Can anyone explain anything about this? I’ve never dealt with meme coins before.

 

[roydan]

You need to remember the no one is writing headlines about the millions of people who lost thousands of dollars over the exact type of shitcoins you are talking about.

 

[V]

You need to remember the no ones is writing headlines about the millions of people who lost thousands of dollars over the exact type of shitcoins you are talking about.

Still, he can make some money, if not that much. Just don't be too greedy, and you can make good money.

I also kind of hate my laziness for missing out on PNUT. The call was given here a week before it pumped, and I wanted to buy it but I was too lazy. lol.

 

[moonshine7000]

Money is always transfered.They will always be winners and losers just like the lottery.

 

[myself123a]

A few things.
a) People lie. Not all people who say they made big $$$ actually did.
b) For most other people that say they earn big $$$, re-read (a)
c) For some of the meme coins... its basically like a lottery. Sometimes gimmicky, sometimes right place right time. In most cases it's "professionals" with extensive networks doing a pump & dump designed to make the "meme" coin appear like a "natural meme coin" when in fact it really is a very sophisticated pump & dump through the extensive network.

I don't know of any "meme" coins that actually did take off by "natural" means...

So now... your question was how do you get rich from it? Well... if you found out who the major pump & dumpers were - and did the opposite of what they were telling people to do, you could probably make some $$$. Would require a little bit of work. Why not start with PNUT and see who the major promoters behind that were, and then let me know here...

 

[WAndreas]

You need to remember the no ones is writing headlines about the millions of people who lost thousands of dollars over the exact type of shitcoins you are talking about.

I understand that investing offers no guarantees of profit. I don't think this guy invested in just one meme coin. Most likely, he took the amount he was willing to risk, divided it into parts, and invested in a dozen coins, hoping that one of them would take off. That's what I think.

Money is always transfered.They will always be winners and losers just like the lottery.

Investing in such projects is always a lottery, isn't it? But even in a lottery, there’s sometimes a chance to win.

Why not start with PNUT and see who the major promoters behind that were, and then let me know here...

The main promoter of the PNUT (Peanut) token was Elon Musk, who actively promoted this meme coin through his tweets and other public statements, which played a key role in its popularity growth.

 

[roydan]

Still, he can make some money, if not that much. Just don't be too greedy, and you can make good money.

Greed is the reason FX and Binary brokers always get the money.
You can (or at least could) make decent profits on ladder trading back in the day, but 99% of the people ended up just playing "all or nothing" until their account went empty. Even those who made really good money trading ladder options eventually lost everything to greed.
I know that as I worked for or advised many brokers in the past.

I understand that investing offers no guarantees of profit. I don't think this guy invested in just one meme coin. Most likely, he took the amount he was willing to risk, divided it into parts, and invested in a dozen coins, hoping that one of them would take off. That's what I think.

What are dozen coins out of the tens of thousands that are out there?
Can you get lucky? Definitely. But that's all it is.

 

[TechEinstien]

There is 0.0000001% Chance you have invested in that coin. As there are tons of meme coins.

 

[WAndreas]

I also kind of hate my laziness for missing out on PNUT. The call was given here a week before it pumped, and I wanted to buy it but I was too lazy. lol.

Are there no similar signals now?
Or do I need to keep an eye on the Mask when he has a new idea to promote another coin?

What are dozen coins out of the tens of thousands that are out there?
Can you get lucky? Definitely. But that's all it is.

Perhaps it still makes sense to monitor the appearance of memcoins? And then see who their promoter is. As an option. I wonder if there were any cases when Musk supported memcoin, but it did not make a profit?

There is 0.0000001% Chance you have invested in that coin. As there are tons of meme coins.

It seems that my ship, which has not yet begun to be built, is already leaking...

 

[mon3y4me]

Sometimes people get lucky by putting money on some random coin. But It's also possible that there were insiders who worked on that project and they knew how to make it go viral. Meme coins around famous pets usually perform very well. Take for example: Moodeng, a famous hippo on social media. I could have bought it when it was less than 100k mcap. It did 1000x already and now it's at 500million marketcap! Look for the next animal going viral and see if someone launched a meme coin around that. Put some money on it and make sure it's a legit project. You could be sitting on the next 1000x+ coin.

 

[V]

Are there no similar signals now?
Or do I need to keep an eye on the Mask when he has a new idea to promote another coin?

Perhaps it still makes sense to monitor the appearance of memcoins? And then see who their promoter is. As an option. I wonder if there were any cases when Musk supported memcoin, but it did not make a profit?


It seems that my ship, which has not yet begun to be built, is already leaking...

https://www.blackhatworld.com/seo/g...oins-case-study-and-live-walkthrough.1549753/
https://www.blackhatworld.com/seo/how-to-snipe-and-trade-meme-coins-for-100x-full-guide.1583707/

Go through these guides first. Then, monitor some projects and test your theories before you put in real money. Put only what you can afford to lose.

 

[roydan]

Perhaps it still makes sense to monitor the appearance of memcoins? And then see who their promoter is. As an option. I wonder if there were any cases when Musk supported memcoin, but it did not make a profit?

I'm not trying to discredit or frame the entire crypto market, I'm just trying to look at the wider picture.

 

[WAndreas]

Sometimes people get lucky by putting money on some random coin. But It's also possible that there were insiders who worked on that project and they knew how to make it go viral. Meme coins around famous pets usually perform very well. Take for example: Moodeng, a famous hippo on social media. I could have bought it when it was less than 100k mcap. It did 1000x already and now it's at 500million marketcap! Look for the next animal going viral and see if someone launched a meme coin around that. Put some money on it and make sure it's a legit project. You could be sitting on the next 1000x+ coin.

Interesting. Unfortunately, I will need to step away from the computer now, but I will come and check it out. I have to use AI in this matter, and its database was updated in October 2023. If you can share the places where to view such coins and the time of their listing, I will be grateful.

I'm not trying to discredit or frame the entire crypto market, I'm just trying to look at the wider picture.

Yes, I get it, thanks for your support.

Go through these guides first. Then, monitor some projects and test your theories before you put in real money. Put only what you can afford to lose.

Yes, thanks. I started watching the second one, but I forgot about it, to be honest.

 

[V]

Yes, thanks. I started watching the second one, but I forgot about it, to be honest.

It’ll take some time and, unfortunately, some cash before you get the hang of the meme coin space. Trust me, I've been there. I’ve invested in a few projects that got rug-pulled right after I did my initial checks. It’s all part of the learning curve!

 

[10zen]

There literally 100s if not thousands of tokens launched everyday. How do you know which ones are going to blow up?

Also, you can't buy these tokens directly from exchanges at low price. There are ICO, presale, investor round etc before they go into exchanges. Yes, you can get at low price if you can get into this ICO and other pre-exchange listing. These tokens don't blow up until it is listed in exchanges which actually takes time.

There are literally every other guy launching meme coins on solana nowdays. This is pure gamble.

 

[WAndreas]

It’ll take some time and, unfortunately, some cash before you get the hang of the meme coin space. Trust me, I've been there. I’ve invested in a few projects that got rug-pulled right after I did my initial checks. It’s all part of the learning curve!

Of course, I believe in it. In the picture, all this looks beautiful, but few people think about the fact that the work invested is not visible in the final result. So, after the first setbacks, you retired from these cases, am I right?

 

[YTPro]

one in a million

There's millions of shitcoins created every day since you can basically create one for free now. Chances are way lower than that. You might make it great but risk of losing is great too. Good luck

 

[RichMedusa]

In most cases, those ''guys'' who bought it in such early stage are other wallets created by the dev himself. Or insiders, people close to the creators...bots and the few people who usually buy at the beginning, will almost surely sell it in a few minutes or hours after the launch.

 

[smmsin]

I've become curious, who and how works with meme coins? I'm considering this direction. One person invested 16 dollars and earned 3 million in two weeks. Another invested 15.5k dollars and earned 56 million. Both invested in PNUT.
And where was I during this time? Why didn’t I invest in this meme coin too? It’s clear that the cases they write about are one in a million, but I don’t need to make 3 million. Half of that would be enough for me. There must be some hidden catches, though. But where aren’t there any? Can anyone explain anything about this? I’ve never dealt with meme coins before.

I bought an alt coin 3 years ago and it never went up, it seems that we are not that lucky bro we need to accept that. PNUT just came out and those who knew about it made tons of money.

 

[WAndreas]

There are literally every other guy launching meme coins on solana nowdays. This is pure gamble.

There's millions of shitcoins created every day since you can basically create one for free now. Chances are way lower than that. You might make it great but risk of losing is great too. Good luck

Perhaps it would make sense to create your own shitcoin then?

In most cases, those ''guys'' who bought it in such early stage are other wallets created by the dev himself. Or insiders, people close to the creators...bots and the few people who usually buy at the beginning, will almost surely sell it in a few minutes or hours after the launch.

Perhaps it makes sense to buy it at the moment? When will the price drop below the baseboard?