How Far Would You Go?
Crypto has all the time been a recreation of danger. 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 stage of the sport. A pal 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. 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 all the time a method to revenue,” he defined, emphasizing how timing is all the things.
For the primary time in my crypto journey, I wasn’t positive 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…
