Reality of Memecoin Trading: Risks and Profitability Stats
Created: April 22, 2025
21 replies
6 participants
2 months ago
Location: Nigeria
Joined: 4 months ago
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
Location: Nigeria
Joined: 4 months ago
Replying to comment by @91nsonline
2 months ago
True I agree with you on this
2 months ago
Location: Bangladesh
Joined: 4 months ago
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
Discussion Starter
Location: Indonesia
Joined: 2 years ago
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.
2 months ago
Location: Nigeria
Joined: 4 months ago
Replying to comment by @91nsonline
2 months ago
Interesting. Please keep lecturing us on the aforementioned topics