True, from $1 to $75 in an instant, and then down into the abyss. Although he can say that he is not the worst in this regard, because his wife's meme coin has so far lost as much as 96%+ of its value compared to ATH.
I guess it was under $1 when launched the whole market cap was below $500M and I missed it. However, within few hours it spiked so badly that reached $50 and $70 in value. The ones who invested early in it made some good profits in shortest time possible but the rest regretted. One of my friend invested in Trump coin when it was at $25 in hope that he'll get good returns in short term but I told him that meme coins doesn't work that way.
He regretted when the coin went below $12, but I told him to continue investing in it using DCA method, he followed the advice and continued his investing in the coin whenever it dipped. And, yesterday he sold the coin for $16 and somehow recovered his losses and made some profit not so much which he expected. He was happy by saying that at least I've recovered my money. Investing in meme coins isn't for everyone whether Trump coin or another newly launched meme coin on Solana blockchain.