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Mans pirmais #Megadrop pienāks rīt. Man nav īpašu cerību, vienkārši gribu redzēt, cik daudz es saņemšu. #Lista  nāk manā makā.
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This trader turned 440 dollars into 180 000+. The trader bought 25.5 million BILLY - a $SOL #meme_coin for 441 dollars. He sold 24 million for 178 900 dollars and still keeps 1.5 million BILLY. Now, BILLY has a mcap of 39 million, drop from 90 million. #MemeWatch2024 #mememcoinseason2024

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Scams and rug pulls for hundreds of millions In 2024, a staggering $473M in crypto has vanished due to rug pulls and scams across 108 incidents, as per Immunefi! 💸 In May alone, $52M was lost, with Gala Games and SonneFinance being hit hardest, losing $21M and $20M respectively. Despite this, it’s a 12% drop from May 2023. 📉 DeFi continues to be the Wild West for these schemes, while centralized platforms had a clean slate this year! 🏦 Last year, over $2B was drained through similar tactics, with notorious groups like Lazarus responsible for $3B in losses over six years. $ETH was the main stage, suffering 43% of the losses, followed by $BNB Chain with 19%. 🪙💔 Stay alert, folks—don't let your crypto dreams turn into nightmares! 🚀💪 $SOL rugs on the other hand, happen literally every minute, but the volume are much smaller compared to ETH or BNB. And as a matter of fact, no one has really calculated the rug pulls size on SOL. We are probably talking about hundreds of millions if not billions lost due to scams. Trade safely.

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Don’t know about u but I am taking the risk buying the dip on $WIF I gradually converted 1 $SOL into WIF and in the worst case scenario I’ll have no more than 1 SOL lost. A fun trade overall. Anything above 2.11 will be a profit calculated in USDT. If SOL goes up faster than WIF I’ll be in a loss. But I don’t care, the risk is minimal. My guess is that on the potential reversal WIF will go faster and I’ll bank 1.5x to 2x from this one. Not a financial advice. Do your own research. Trade safely, manage risk, do not invest what you cannot afford to lose. #mememcoinseason2024 #MemeWatch2024 #meme_coin

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50 Cent issued a coin and rugged it later 50 Cent, the renowned rapper and entrepreneur, has recently delved into the cryptocurrency space with a token called G-Unit Coin, named after his famous rap group. This move is part of his broader strategy to leverage digital assets and blockchain technology to expand his brand and engage with his fan base (CoinDesk) (Business Today). However, the token lost most of its value and 50 Cent said his Twitter account was hacked and that was the reason for the rug. Do you believe that?! $SOL #meme_coin #StaySafeInvestSmart

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Andrew Tate and $SOL meme coins. No chance for a positive outcome. Andrew Tate, a controversial social media influencer, has been making headlines in the cryptocurrency space with his involvement in meme coins. Recently, he launched a meme coin called DADDY, which quickly gained a market cap of over $300 million following his promotional efforts. Tate has been actively involved in promoting and burning large quantities of these tokens to generate hype and reduce supply (BeInCrypto) (BlockNews.com - CRYPTO NFT NEWS). However, the launch and promotion of DADDY have not been without controversy. There have been allegations of insider trading, with blockchain analytics revealing that a group of wallets purchased a significant portion of the coin's supply before Tate's public endorsement. This has raised concerns about market manipulation and the ethical implications of his actions (BeInCrypto) (COINOTAG NEWS). Meme coins, in general, are highly speculative and can be extremely volatile. They often lack real utility and are driven primarily by social media hype and celebrity endorsements. This makes them risky investments, and the rapid value changes can result in substantial financial losses for uninformed investors (COINOTAG NEWS). Tate's involvement has added to the frenzy surrounding meme coins, especially on the Solana blockchain, where his activities have sparked a surge in trading volumes and interest. Despite the initial hype, the sustainability and long-term value of such coins remain questionable (COINOTAG NEWS) (BlockNews.com - CRYPTO NFT NEWS). Apart from those, Tate was involved in supporting other projects that may as well have been linked directly to him like TATE BROTHERS. All went under water. I personally observed them for some time. #MemeWatch2024 #mememcoinseason2024

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