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

That's why I sometimes advice people to try buying some altcoin with only the money you can avoid to lose because some can come with potential to make it big in limited time. Although this should be done after some research. A beautiful logo isn't enough reason to buy a coin. The fact that he/she was lucky to make it with this coin doesn't guarantee that coin with good logo are good for profit, he/she just gambled and was lucky to make good profit from it. Good research should be done before you should buy any altcoin.