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2024-06-23 20:27:10

alanbwt on Nostr: Memecoins are set up such that only those who pump and dump a new token the fastest ...

Memecoins are set up such that only those who pump and dump a new token the fastest after a meme emerges reliably earn a profit.

By the time retail hears about a new memecoin, the dump is either imminent or already underway.

Yet, even for the token creators who successfully pump and dump, they create negative karma for themselves.
Author Public Key
npub1r0fj5wr200n0dz9nm37ysrhuy8xeg66ratq5hf960q62caaz8e5sqpuzz3