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Home Cryptocurrency

Meme Coins: Easy Money or Straight-Up Theft? | by Crypto Unfiltered | The Capital | Feb, 2025

Meme Coins: Easy Money or Straight-Up Theft? | by Crypto Unfiltered | The Capital | Feb, 2025
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How Far Would You Go?

The Capital

Crypto has at all times been a sport of threat. 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 degree of the sport. A buddy of mine — somebody who has been launching meme tokens for just a few months — gave me a stay 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 virtually too straightforward.

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 approach to revenue,” he defined, emphasizing how timing is every part.

For the primary time in my crypto journey, I wasn’t positive the right way 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…



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Tags: CapitalCoinscryptoEasyFebMemeMoneyStraightUpTheftUnfiltered
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