The case of an investor who spent around $916,000 on the Restore the Republic (RTR) coin shows how risky meme coins can be.
This investor initially purchased 7.2 million RTR, which had gained value due to speculative connections to Donald Trump’s son, for 5,800 SOL. However, within just a few hours, the coin’s value plummeted, resulting in a huge loss. This incident highlights once again how important it is to do thorough research and be prepared for the highly unpredictable nature of meme coins.