Hello everyone, I am involved in retrodrops and other crypto activities that can potentially bring profit.
Recently, there has been a trend towards launching their own platforms with memecoins.
Of course, the pioneers were the Solana blockchain with its Pumpfun website, where anyone can create their own memecoin in two clicks by paying a small fee. The trend went well for people at the beginning of 2024, the market was positive and any narrative somehow fired.
Next in line is the Tron blockchain memecoin launch platform SunPump, the brainchild of Justin Sun. Tron's biggest strength is $60 billion in TRON USDT. No other blockchain protocol has such a large liquidity pool. Memcoins thrive on liquidity and trend. To create a "meme" coin, you need to pay 20 TRX, as well as a trading fee of 1%. According to Dune, almost six thousand memecoins have already been launched on TRON through SunPump, which have brought in more than 2 million TRX (approximately $258 thousand).
That is why the TRX token began to grow rapidly. Justin Sun's main goal is to shake up his ecosystem with liquidity from other memcoin platforms by picking up the new trend. He started doing this at the right time, because the market is calm. The commission in the Ethereum network fell below 1 Gwei, everyone went on vacation, the market is shaking and many are sitting on the fence with stemcoins, what else to do? That's right, go to Mr. Sun's memcoin casino.
Here we come to Binance and the fourmeme service. They even launched a joint airdrop campaign (official post below).
Binance has never been lost in trends and has picked them up gloriously, you can see how easily the listings of memecoins from Telegram are going. Notcoin and DOGS are a trend with a combined audience of 80 million green guys who will go and dump their coins on the exchange, and then try themselves in trading, as many start their journey in crypto. This is where the milking of schoolchildren begins.
These services are nothing more than tinkers, the chances of entering/exiting the right token at the right time are extremely small. Most likely, you will lose money on these activities. It is more reasonable to buy a gosloto ticket and collect your winnings there. You can try to enter, just for your personal experience and to feel the new trend, but only with the money that you are ready to leave there.
Here are some statistics on earnings from trading memecoins that are traded on Pumpfun:
- 60% lost their money 😂
- 4.7% earned nothing
- 24% earned less than $100
- 11.2% earned more than $100
- 3% earned more than $1,000
- 0.5% earned more than $10,000
Always calculate your own strengths and observe P/P. Remember that quick and easy profits are lost at the same speed as they are earned.
More details about crypto in my TG via the link in the profile header.
#TRON #TRX #binance #BNB #Solana