How Far Would You Go?
Crypto has all the time been a sport of threat. I’ve taken loads of them — guess on micro caps, jumped into NFTs, and performed with high-risk DeFi protocols. However final night time, I noticed an entire new degree of the sport. A good friend of mine — somebody who has been launching meme tokens for a number of months — gave me a reside demonstration.
In simply minutes, he created a meme coin on Pump.enjoyable, a Solana-based launchpad designed to make token creation seamless. He tweaked a number of parameters, set the tokenomics, and hit deploy. Virtually instantly, he began executing a pump-and-dump technique — bringing in early quantity, hyping the token, and dumping it on unsuspecting consumers.
It was flawless. Quick. And appeared virtually too simple.
He’s made $16,000 this month doing this, and from his perspective, it’s simply one other technique within the sport. “There’s all the time a approach to revenue,” he defined, emphasizing how timing is every part.
For the primary time in my crypto journey, I wasn’t positive tips on how to really feel about it.
Meme cash are infamous for his or her volatility. Some go 10x, 50x, even 100x in hours, whereas others vanish earlier than most consumers may even hit “promote.” In early 2024, the Solana meme coin…
