2 months ago
I just saw this on the sui reddit.
Someone's Sui holdings 😬 this guy can become a billionaire when the bull run starts.
2 months ago
4 figures is enough to start investing in memecoin but but that’s more risky than forex trading. I would say those who have extra Money they should do that though I'm not financial adviser
2 months ago
Recent data reveals a sobering reality for meme-based cryptocurrency (memecoin) traders. Here’s a breakdown of their outcomes:
60% consistently lose money on memecoin trades.
4.7% barely break even, recovering only their initial investment.
24% earn under $100 from trading activities.
11.2% profit over $100, with most gains remaining modest.
3% achieve returns exceeding $1,000, while a mere 0.5% secure profits above $10,000 a figure so small it’s statistically negligible.
In total, 90% of participants either lose money or earn less than $100. This trend highlights the extreme volatility and unpredictability of memecoin markets, where significant financial gains are rare and highly concentrated among a tiny fraction of traders.