Today, I encountered an incredible meme coin success story in which an individual turned an $8,000 investment into a massive fortune of $5.7 billion. I'm wondering if it could actually be true.
It is likely that someone who can invest $8,000 in a meme coin is a large investor, but I am still curious about the specifics of how he achieved such a huge return.
I am interested in hearing how others are able to claim significant profits from meme coins. Do you hold onto your investment without selling, even when you see small gains, until it eventually pays off significantly?
Many of us are familiar with the meme coin $PEPE. I know someone who bought it early but sold at a relatively low return. Recently, I have noticed the meme coin $SPIKE too that was created by the same individual behind $PEPE, being listed on various exchanges.
I am curious if $SPIKE has the potential to surpass $PEPE in value. How do some meme coin investors manage to generate significant return?
You will have to post a source for those rumors as it is impossible to produce those profits with such a low starting capital, as even if a meme coin went up 100x, this will only produce 800k in profits, which is nowhere near the 5.7 billion that you claim.
Just to give you an idea of how unlikely this is, even if a person bought bitcoin with those 8k when bitcoin was only worth one dollar, this will only produce 531 millions at the current price, so the profits will still be very far away from the amount you state that person made.