Quote from: jrrsparkles on December 14, 2023, 07:41:33 PM

Someone made 100x returns with a coin called Dogwifhat (WIF) and he bought it just because the logo was cute but in a month the investment turned into 100K due to the Solona DeFi market.

This isn't the first time it has happened with random meme coin but a lot of coins that achieved huge returns went to the grave in no time as well so invest in the right coins if you are looking for long-term investment or just take a gamble and it may pays you off once in a while.

To read about 1000 to 100K journey: Crypto Trader Turns $1K Into $100K on Solana’s Newest Memecoin, Dogwifhat

To lucky for him to earn a lot from what he think got a cute logo but this incident will not always happen to anyone. Maybe he's just lucky at that time but for sure he would provably take a hard time to seek for another token that can give him the same profit.

That's why we should not easily believe on this since each result will be different since its hard to follow what those people earned especially if these coins usually come and immediately go once they already take a lot of money from people invest on their platform or tokens.

This is not the first time it happened but for so many meme coins exist or continuously launched by devs we don't know on which of them will pump the same with other meme coins since for sure investor doesn't know on which are the tokens could possibly bring them a lot of profit the same of what OP highlighted on the topic.