I asked 3 millionaires to turn 1 $SOL into 100 $SOL
⇒ No extra money
⇒ No insider info
⇒ One week and $150
After scanning their wallets, I found a similar strategy...
Here's how they did it and the secrets they used 🧵👇
- ✜ Solana's Dominance: Solana is dominating the market, and memecoins on this network are showing massive growth.
- ✜ Right Strategy: Only the right strategy will lead to real wealth in the memecoin narrative.
- ✜ Challenge: My friends confirmed this by using one strategy to reach 100 $SOL from 1 $SOL in a week. The loser would pay each participant $25,000.
- ✜ Revealed Expertise: This challenge revealed who among them is a real crypto expert and who made their millions by sheer luck.
- ✜ Risky Strategy: Surprisingly, they all chose a risky sniping strategy, which is currently the best-performing with the right risk-reward selection.
- ✜ Different Approaches: Each had a different approach to finding memecoins for sniping, but all were effective.
Methods Used:
1. Researching Twitter:
- One participant searched for all memecoins and their launches on Twitter.
- By following degen influencers, he didn't miss a single hype meme during the challenge.
2. Monitoring Whale Wallets:
- Another participant focused on monitoring whale wallets through the "Top Traders" section on @dexscreener.
- He uploaded selected wallets into a bot to monitor their activity.
3. Tracking DEX Activity:
- The third participant tracked DEX activity on @RaydiumProtocol using @solscanofficial to select tokens at early stages.
First Sniping Attempts:
- Initial sniping attempts were not very successful, resulting in losses due to rug pulls or scams.
- Balances were 0.95, 0.46, and 0.64 $SOL respectively.
- They then incorporated contract checks using @Rugcheckxyz to avoid scams.
Results:
- By the third day, participants had better results, sniping tokens like $CATDOG, $NEIRO, and $DUKO.
- Balances were 0.1, 25.3, and 31.6 $SOL.
Winning Strategy:
- The last participant continued to hold $CATDOG due to its great marketing and early-stage launch.
- The partnership with @gotbit_io confirmed his strategy.
- $CATDOG started to pump, and he locked in exactly 100 $SOL to complete the challenge.
Conclusion:
- All participants confirmed their status as successful crypto degens.
- Each turned 1 $SOL into 100+ $SOL in just a week through well-chosen strategies and market insight, achievable by anyone with the right approach.