Pump.enjoyable Meme Coin Factory: Trader Made $840K by Launching 17,000 Tokens in 3 Months

Pump.enjoyable Meme Coin Factory: Trader Made 0K by Launching 17,000 Tokens in 3 Months

A crypto dealer referred to as “MNhB” has revamped $840,000 by launching 17,794 Solana meme cash on Pump.enjoyable in simply three months.

As an alternative of specializing in creating robust tasks, the developer follows a quantity-over-quality method, launching a whole lot of recent tokens every day, particularly on Solana, and cashing in on the preliminary hype earlier than most of them die out.

This technique could also be worthwhile for them, nevertheless it dilutes liquidity and floods the market with low-quality tokens, making it more durable for respectable tasks to thrive. In the long term, this solely weakens the crypto house.

The New Meme Coin Cash-Making Technique With Pump.Enjoyable

Pump.enjoyable makes launching meme cash on Solana easy, letting anybody create tokens without spending a dime with only a few clicks. If a token hits a $100,000 market cap, it “graduates” and might be traded outdoors the platform, rewarding the creator with 0.5 SOL ($115).

MNhB spams the platform, launching tokens in bulk and dumping them inside seconds or minutes to lock in earnings earlier than they crash. Over time, these fast flips (75 SOL / $17,247 complete) have became a extremely worthwhile technique.

Nonetheless, the technique isn’t excellent. On Fast Response (RR), the dealer offered too early, locking in simply $25 revenue, solely to observe the coin soar to a $7.3 million market cap—a missed alternative value over $500,000.

Meme coin flipping is not about discovering the subsequent massive hit—it’s about creating as many tokens as attainable and cashing in earlier than they fade. Knowledge from Dune reveals over 100 wallets have launched over 1,300 tokens on Pump.enjoyable.

The second and third most energetic merchants made $430,200 and $482,300, proving this isn’t a one-time success.

The Drawback With Amount Over High quality – The Meme Coin Market Is Saturated

The meme coin sport has modified. As an alternative of flipping current tokens, merchants at the moment are mass-producing cash, figuring out most will fail, however just a few will generate massive returns. This high-volume, high-speed method is now a serious development in meme coin buying and selling—for higher or worse.

(MNhB Pump.Enjoyable Web page)

You’ll be able to verify the account your self: almost a brand new launch each minute! Regardless of launching a whole lot of tokens a day, Pump.enjoyable’s co-founder Alon suggests MNhB is probably going a human dealer, not a bot.

Whereas the token launches could also be automated, their profit-taking follows hype cycles, indicating somebody is manually making choices.

The market is getting saturated with Solana meme cash, and we’ve witnessed how fast rotations to “hyped” names can result in big losses for some merchants.

EXPLORE: Is It All Over For Ethereum: Solana Dominates As ETH/BTC Hits 3 12 months Lows

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The put up Pump.enjoyable Meme Coin Factory: Trader Made $840K by Launching 17,000 Tokens in 3 Months appeared first on 99Bitcoins.

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