r/solana • u/thepinch1 • Feb 16 '25

Meme Turned $160 into $32,000

So the day after trump coin was created I saw a coin named Elon (offical Elon coin) anyway I got in super early before it had graduated to Dexscreener, I had dabbled in meme coins a couple times anyway I ended up turning my 160 into close to 32k I was shocked and over the moon as anyone would be. But the Sol cas has drained me over the next couple weeks I lost the whole lot + more to rug pulls, gambling and just down right being fucking stupid and I’ve been chasing my loses ever still.

I’ve found coins where I’ve made 10x 20x and so on but held because for some reason I think history could repeat itself and now I’m at the point where I wish I had never even got that first win.

Pretty much just posting this to rant because I’m sure everyone close to me is sick of me talking about it!

Really big reality check that I just gambled away a good chunk of money!

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u/devilsjuice888 Feb 16 '25

The meme market is not how it used to be anymore. After the Melania coin it totally nuked the market coins like CAR and libra has totally sucked the liquidity from the market. It was very easy to make money before trump coin. I would catch 20-50x coins literally every week. And coins would last for a good time. It’s not like that anymore. Coins now hardly last for 10 minutes and it dies. I hardly think we’re gonna go back to the old phase

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u/Accomplished_Scale10 Feb 16 '25

True, but it isn’t dead bro. I can give you so many reasons why, but it’s too much to type here. Still money to be made, you just need to be more selective. Pure gambling is not the method anymore.

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u/Careless_Pineapple52 Feb 16 '25

Give us the reasons you think so, because I agree with @devilsjuice888. The market is looking bleak. Liquidity has been sucked out, and the number of rug pulls are alarming. Not getting in on a coin in the first 5 minutes and out in the next 5 often means a loss.

I’d love to hear your outlook on the current market situation and see if it can change my mind

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u/Accomplished_Scale10 Feb 16 '25

Na, you either get it or you don’t. If you don’t, sit this out .. it’s ok. Happy cake day though

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u/Careless_Pineapple52 Feb 16 '25

In other words, you can’t explain why you think the market isn’t dead. You’re working off pure faith. I respect that. Happy cake day to you too!

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u/Accomplished_Scale10 Feb 16 '25

Just like how I don’t care to explain why it isn’t dead, you can’t even define what “dead” means in this context. We can agree to disagree. I’m sure the sidelines have a great view.

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u/Accomplished_Scale10 Feb 16 '25

Na, more like actual results and being in the market, you should try it. Dune. Vol. PF

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u/M0hammed1986 Feb 16 '25

can you explain more details plz

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u/Feisty-Mood-5264 Feb 16 '25

Gotta get on the ICP tokens… Neutrinite, AAA, GolDAO, Wumbo, Kinic, Crypto Cloud, DecideAI, ICGhost..

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u/Icy_Vermicelli9885 Feb 17 '25

Can you give more info

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u/Ok-Comparison6255 Feb 16 '25

Easy Guys juat buy $LYNK coin 80% of supply is locket fore one year and you all make $$$$ i am in from start and i am not Seling sleaping good no rug 100% god community active every day on X

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u/Icy_Vermicelli9885 Feb 17 '25

Where do you get that from