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 evening, I noticed a complete new degree 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. 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 nearly too simple.
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 method to revenue,” he defined, emphasizing how timing is every thing.
For the primary time in my crypto journey, I wasn’t certain find out 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…
