How Far Would You Go?
Crypto has at all times been a recreation of threat. I’ve taken loads of them — wager on micro caps, jumped into NFTs, and performed with high-risk DeFi protocols. However final night time, I noticed an entire new stage of the sport. A buddy of mine — somebody who has been launching meme tokens for a couple of months — gave me a dwell 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 couple of parameters, set the tokenomics, and hit deploy. Nearly instantly, he began executing a pump-and-dump technique — bringing in early quantity, hyping the token, and dumping it on unsuspecting patrons.
It was flawless. Quick. And appeared virtually too straightforward.
He’s made $16,000 this month doing this, and from his perspective, it’s simply one other technique within the recreation. “There’s at all times a option to revenue,” he defined, emphasizing how timing is all the pieces.
For the primary time in my crypto journey, I wasn’t certain methods 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 patrons may even hit “promote.” In early 2024, the Solana meme coin…
