Someone bought a meme coin for $1.01 and sold it for $210,500, marking a profit of over $200,000. However, here's the truth about this, and something you need to know about recent meme coins:
Many of the reported successes (about 60% of them) you see of people turning $10 into $10,000 with meme coins happened because they were able to buy in early. But, this may not always be the case.
Some of these individuals are developers behind the meme coins, and some purchase millions of these coins for less than $10 before the public gains access to buy.
By the time the public starts purchasing, their initial $10 investment can grow to $100,000 or more.
The End
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