A few hours ago, we bought some $SOL and transferred into our phantom wallet, we wanted to search for some 100x - 5,000x
After getting our $SOL , we started researching and we found one meme coin
Checked their Telegram and we found some encouraging signs
Checked their twitter and we found some encouraging tweets and active community
We bought the first meme coin at $71,000 market cap and we saw it get to $113,000 market cap
We bought a few others too and decided to hold for the next 24 - 48 hours
After about 3-5 hours, we came back to our phantom wallet looking empty
All the meme coins we bought rugged
Our money is gone, now this is one disadvantage of trading meme coins
You can lose everything you have in seconds
Before going into meme coins, make sure you have built a strong portfolio
Don’t try trading meme coins with the last money you have
