How Far Would You Go?
Crypto has at all times been a sport 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 just a few 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 just a few 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 nearly 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 at all times a technique to revenue,” he defined, emphasizing how timing is all the pieces.
For the primary time in my crypto journey, I wasn’t positive how one can 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…
