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Topic: A Meme coin investor turned $8,000 Investment into Billion? (Read 949 times)

newbie
Activity: 57
Merit: 0
Meme coins are typically hit and misses. If you have some loose cars somewhere, you can invest in it
member
Activity: 171
Merit: 58
Free City Individual
Investing in Meme coins is a big risk because most of these Meme coins don't have any strong support or good roadmap and every day many memes/shitcoins are popping up and after a while they lose their value. But converting $8,000 to $5.7 billion seems almost impossible and sharing a trx or link is needed to confirm this news. Without these, it is just "a story".
hero member
Activity: 2688
Merit: 588
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?
We are going to see people hyping memecoins for a long long time and that's going to be something we can't really consider as a big deal, it's going to be whatever it is right now and that should be what matters. If we keep thinking that everything will be fine and invest, we are going to lose a lot of money to this and we can't really make that work. So all in all, we need to make sure that things will not be as easy as we think.

Just realize that it is going to be hard, and memecoins are not the way to go, because it will not be too simple. Hence, just assume that we are going to see this memecoin craze to hurt a lot of people, it already did that too many people. So we should be careful about it so we can't be really sure with whatever we can do, so this is going to end up with a lot of problems so it is going to cause a lot of headaches everyone. Think about it, a lot of people already invested into a lot of memes too late and lost too much money.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
Traders and investors should do well to ignore such news, exchanges love to promote it as it gives the impression that anyone no matter what can earn big profits while trading, however it is clear that for someone to produce those kind of results they had to take a massive risk.

However, you never hear from exchanges about all the people that took the same risk and that instead found misfortune and huge losses, as that is not good for business and it breaks the illusion they are trying to create.

That's true, I don't think I have ever seen any exchange release an information about customers that had a significant lose about a particular crypto that they have invested on. The only news that usually pops up are the ones related to huge profit made but I believe that even if they don't release such good news about huge profit, there might still be some lucky investors that is going to  make profit from the coin and also some investors they will experience lose.
For example, I have actually bought a token at a high which I thought it was going to continue pumping but reverse was the case.  I knew that people who bought that token at a low prices, really made profit from it.
full member
Activity: 856
Merit: 111
Buzz App - Spin wheel, farm rewards
Yes, i heard same story in Binance article and this is one and only SHIBA Inu meme coin, in this project 8000$ is turn into 5.7 billion dollars for 1000x profits.
It really massive for a meme project, and i think also it was very rare. I was invested lately in Shiba but i made profit 7x-8xthat was big for me. Nothing impossible in crypto.
full member
Activity: 896
Merit: 117
PredX - AI-Powered Prediction Market
I believe, with memecoins it's more of a gamble than an investment. We just put your money into the memecoins and expect it to grow over time.
This is why in this case we cannot really say if the said memecoin will really explode or not.
Any memecoin can explode, provided it has received enough attention from the community.
Just stay active in the memecoin community and you will be able to figure out whether SPIKE will be able to make it to the top or not.

Sure, you're not wrong to say that, someone can be lucky to invest on a new project when the price is about to sky rocket and make good gains, and same coins that gave such person huge profits can still make them lose almost everything they profited, what I'm trying to say is that most of meme coins are pump and dumps and most times it takes luck to benefit from them unlike Bitcoin where an investor is sure of making gains even after a dip, so far they're investment plan is for long-term moreover I won't advise anyone to consider long-term when investing on meme coins, you could invest heavily during the early stages of the project wait for a pump and take profits before it starts dumping, just like when PEPE launch it's price saw a massive growth and gradually began to dip in a short period after it's upsurge and those who invested in it during the upsurge made a lot of profits from it, likewise DOGE.those two coins I've just mentioned are the top memecoins when it comes to market cap, and the market cap of SPIKE is not close to theirs, it might have a potential of giving investors profits but I doubt if it would surpase PEPE well let's watch and see.

Many memecoins are just a rug pull and are created to pump and dump on the investors.
That's the reason why I mentioned that we need to be active in the memecoin community to stay up to date with the trends.
We all know how quick can memecoins dump and only by monitoring such coins actively we can exit at the right time.

What you said is true; the majority of meme coins often end up in rugpull. Then you are also right if you aspire to make a lot of money in meme coins. You should really be active in the meme coins that are coming, and you should also know how to analyze meme coin potential.

Now, those who made billions in meme coins, I can believe if they are like Elon Musk, Vitalik, Buterin, and JP Morgan, but those like us or middle-class people, I don't think I have heard anything like that.
copper member
Activity: 56
Merit: 1
Many memecoins are just a rug pull and are created to pump and dump on the investors.
That's the reason why I mentioned that we need to be active in the memecoin community to stay up to date with the trends.
We all know how quick can memecoins dump and only by monitoring such coins actively we can exit at the right time.

I agree, we also should just check the contract of the coin, so that we could sell the coins in the first place Grin
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
I believe, with memecoins it's more of a gamble than an investment. We just put your money into the memecoins and expect it to grow over time.
This is why in this case we cannot really say if the said memecoin will really explode or not.
Any memecoin can explode, provided it has received enough attention from the community.
Just stay active in the memecoin community and you will be able to figure out whether SPIKE will be able to make it to the top or not.

Sure, you're not wrong to say that, someone can be lucky to invest on a new project when the price is about to sky rocket and make good gains, and same coins that gave such person huge profits can still make them lose almost everything they profited, what I'm trying to say is that most of meme coins are pump and dumps and most times it takes luck to benefit from them unlike Bitcoin where an investor is sure of making gains even after a dip, so far they're investment plan is for long-term moreover I won't advise anyone to consider long-term when investing on meme coins, you could invest heavily during the early stages of the project wait for a pump and take profits before it starts dumping, just like when PEPE launch it's price saw a massive growth and gradually began to dip in a short period after it's upsurge and those who invested in it during the upsurge made a lot of profits from it, likewise DOGE.those two coins I've just mentioned are the top memecoins when it comes to market cap, and the market cap of SPIKE is not close to theirs, it might have a potential of giving investors profits but I doubt if it would surpase PEPE well let's watch and see.

Many memecoins are just a rug pull and are created to pump and dump on the investors.
That's the reason why I mentioned that we need to be active in the memecoin community to stay up to date with the trends.
We all know how quick can memecoins dump and only by monitoring such coins actively we can exit at the right time.
sr. member
Activity: 2226
Merit: 259
Buzz App - Spin wheel, farm rewards
It's understandable high risk high reward the invested money can be zero as well from the day meme coin introduce I think if I am correct it's 2013 mostly around 95% came j in the market ust because of some trend and do make money and then some few project like doge coin shiba inu come with utility and long lasting it's always interesting to see mecoin on these Leval isn't
Memecoins don't need to have a purpose. It's enough to follow the trend. Shiba took the wind with Vitalik at that time. Later, he reached his current position because the community trusted him. We can say the same thing for Pepe coin. Now, the most reliable of them seems to be Doge, even that is a meme coin that peaked with Elon Musk. Of course, there were memecoins that suddenly ran out of zero. So if you are going to invest in them, you can invest in very small amounts. I guess I don't need to say that you shouldn't take the risk of investing all your assets in a meme coin.
Right, mostly MEME coins have no purposes as like why is it made or what is its need or importance? And that is correct in every popular MEME coins are somehow supported by big influential person. As you said like DOGE is influenced by Elon Musk and SHIBA is Vitalik. But i always treated MEME coins is high risky investment. And i always invest small amount which i can afford if i lost.  
sr. member
Activity: 1316
Merit: 379
Fully Regulated Crypto Casino
I believe, with memecoins it's more of a gamble than an investment. We just put your money into the memecoins and expect it to grow over time.
This is why in this case we cannot really say if the said memecoin will really explode or not.
Any memecoin can explode, provided it has received enough attention from the community.
Just stay active in the memecoin community and you will be able to figure out whether SPIKE will be able to make it to the top or not.

Sure, you're not wrong to say that, someone can be lucky to invest on a new project when the price is about to sky rocket and make good gains, and same coins that gave such person huge profits can still make them lose almost everything they profited, what I'm trying to say is that most of meme coins are pump and dumps and most times it takes luck to benefit from them unlike Bitcoin where an investor is sure of making gains even after a dip, so far they're investment plan is for long-term moreover I won't advise anyone to consider long-term when investing on meme coins, you could invest heavily during the early stages of the project wait for a pump and take profits before it starts dumping, just like when PEPE launch it's price saw a massive growth and gradually began to dip in a short period after it's upsurge and those who invested in it during the upsurge made a lot of profits from it, likewise DOGE.those two coins I've just mentioned are the top memecoins when it comes to market cap, and the market cap of SPIKE is not close to theirs, it might have a potential of giving investors profits but I doubt if it would surpase PEPE well let's watch and see.
hero member
Activity: 630
Merit: 463
It's understandable high risk high reward the invested money can be zero as well from the day meme coin introduce I think if I am correct it's 2013 mostly around 95% came j in the market ust because of some trend and do make money and then some few project like doge coin shiba inu come with utility and long lasting it's always interesting to see mecoin on these Leval isn't
Memecoins don't need to have a purpose. It's enough to follow the trend. Shiba took the wind with Vitalik at that time. Later, he reached his current position because the community trusted him. We can say the same thing for Pepe coin. Now, the most reliable of them seems to be Doge, even that is a meme coin that peaked with Elon Musk. Of course, there were memecoins that suddenly ran out of zero. So if you are going to invest in them, you can invest in very small amounts. I guess I don't need to say that you shouldn't take the risk of investing all your assets in a meme coin.
hero member
Activity: 2702
Merit: 716
Nothing lasts forever
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?

I believe, with memecoins it's more of a gamble than an investment. We just put your money into the memecoins and expect it to grow over time.
This is why in this case we cannot really say if the said memecoin will really explode or not.
Any memecoin can explode, provided it has received enough attention from the community.
Just stay active in the memecoin community and you will be able to figure out whether SPIKE will be able to make it to the top or not.
copper member
Activity: 56
Merit: 1
But one thing about investing in altcoins, mostly the cheap ones, is that if you invest a huge amount, just a small pump can give you a huge profit.
That's true 
I agree with your opinion that if we invest in an Altcoins with a huge amount we will definitely get a profit at the end. But here are some key points that are very important to be noted. A large amount of investment can not only give you a huge profit but can also give you a huge amount of loss. Apart from a few altcoins, all other altcoins cannot guarantee you that they will surely organize you 10x profit margins for the investment amount. And let's also say one thing that apart from Bitcoin and other prominent Altcoins, the risk of losing is high in other Altcoins, whether it is meme coin, AI or Defi etc. 
 
So it's meant to say that you should invest a huge amount in this coin, which you think can really give you a big amount of profit instead of a big amount of investment. Like Bitcoin or Altcoin has ETH, BNB, SOL etc.

Diversification of the risks is also key. It's essential to not pump all the funds just in one or two big fellas on the market, but 4-5 for sure, if not more.
hero member
Activity: 2814
Merit: 734
Bitcoin is GOD
A large amount of investment can not only give you a huge profit but can also give you a huge amount of loss. Apart from a few altcoins, all other altcoins cannot guarantee you that they will surely organize you 10x profit margins for the investment amount. And let's also say one thing that apart from Bitcoin and other prominent Altcoins, the risk of losing is high in other Altcoins, whether it is meme coin, AI or Defi etc. 
 
So it's meant to say that you should invest a huge amount in this coin, which you think can really give you a big amount of profit instead of a big amount of investment. Like Bitcoin or Altcoin has ETH, BNB, SOL etc.

It is left for an investors to know for himself the amount of money he or she can afford to lose and the amount he can not risk losing. There are some rich investors who can risk about $5k in altcoins and for me I can't risk such huge amount. Those rich investors, even if they lose the $5k, it wouldn't affect them and there are some cheap altcoins that you will invest that amount ($5, 000) and if the token pumps, you can earn $50, 000.

Around February this year, I saw a news on binance exchange regarding a trader that used $1k to make $100k just in two hours. So, it is actually the decision of an investor to know how much he or she can risk.
Traders and investors should do well to ignore such news, exchanges love to promote it as it gives the impression that anyone no matter what can earn big profits while trading, however it is clear that for someone to produce those kind of results they had to take a massive risk.

However, you never hear from exchanges about all the people that took the same risk and that instead found misfortune and huge losses, as that is not good for business and it breaks the illusion they are trying to create.
hero member
Activity: 770
Merit: 538
Leading Crypto Sports Betting & Casino Platform
A large amount of investment can not only give you a huge profit but can also give you a huge amount of loss. Apart from a few altcoins, all other altcoins cannot guarantee you that they will surely organize you 10x profit margins for the investment amount. And let's also say one thing that apart from Bitcoin and other prominent Altcoins, the risk of losing is high in other Altcoins, whether it is meme coin, AI or Defi etc. 
 
So it's meant to say that you should invest a huge amount in this coin, which you think can really give you a big amount of profit instead of a big amount of investment. Like Bitcoin or Altcoin has ETH, BNB, SOL etc.

It is left for an investors to know for himself the amount of money he or she can afford to lose and the amount he can not risk losing. There are some rich investors who can risk about $5k in altcoins and for me I can't risk such huge amount. Those rich investors, even if they lose the $5k, it wouldn't affect them and there are some cheap altcoins that you will invest that amount ($5, 000) and if the token pumps, you can earn $50, 000.

Around February this year, I saw a news on binance exchange regarding a trader that used $1k to make $100k just in two hours. So, it is actually the decision of an investor to know how much he or she can risk.
sr. member
Activity: 854
Merit: 364
I ❤️Bitcoin
But one thing about investing in altcoins, mostly the cheap ones, is that if you invest a huge amount, just a small pump can give you a huge profit.
That's true 
I agree with your opinion that if we invest in an Altcoins with a huge amount we will definitely get a profit at the end. But here are some key points that are very important to be noted. A large amount of investment can not only give you a huge profit but can also give you a huge amount of loss. Apart from a few altcoins, all other altcoins cannot guarantee you that they will surely organize you 10x profit margins for the investment amount. And let's also say one thing that apart from Bitcoin and other prominent Altcoins, the risk of losing is high in other Altcoins, whether it is meme coin, AI or Defi etc. 
 
So it's meant to say that you should invest a huge amount in this coin, which you think can really give you a big amount of profit instead of a big amount of investment. Like Bitcoin or Altcoin has ETH, BNB, SOL etc.
copper member
Activity: 56
Merit: 1
When you read that success story, you should have researched to verify this story, I did a research and so yes there is an investor and you can read his story here
A crypto wallet shows an investor made an $8,000 shiba inu coin purchase last year. Today, it is worth $5.7 billion.

The article was written three years and what remains in the wallet is $3.5 million
https://etherscan.io/address/0x1406899696adb2fa7a95ea68e80d4f9c82fcdedd so from 2021 until now he made a lot of withdrawals which is a natural thing to do.

Thanks mate for sharing these links. It goes a long way to proof the story wasn't made up. Obviously!

I was skeptical and didn’t believe this story was true, but I guess it really did happen. It’s not quite as impressive as Satoshi’s estimated net worth, but it is still a massive profit. If we look at when they started dumping their coins, it was around the time Shiba Inu was at its all time high. They got out at the right moment, because the bear market that soon followed saw the token lose 90% of its value.

It is possible, but it's a long shot investing a huge amount in a new token that there's no guarantee of huge profit is such a long shot; the investor is a risk taker, and it paid off; this is when the meme trend is at its highest when the market is looking for a new meme for investors to hype,

I'm sure the owner of that wallet did his research investing, and he is a whale; timing is everything when investing now that the market is saturated with memes; there's no guarantee that your $8k will yield like what the guy did.

Totally. Memes have become too common to do this trick again, and, in my opinion, it's nearly impossible judging by the market landscape we are currently in. Don't forget about how many meme scams are also here waiting for newbies and veterans alike.
legendary
Activity: 3416
Merit: 1225
When you read that success story, you should have researched to verify this story, I did a research and so yes there is an investor and you can read his story here
A crypto wallet shows an investor made an $8,000 shiba inu coin purchase last year. Today, it is worth $5.7 billion.

The article was written three years and what remains in the wallet is $3.5 million
https://etherscan.io/address/0x1406899696adb2fa7a95ea68e80d4f9c82fcdedd so from 2021 until now he made a lot of withdrawals which is a natural thing to do.

Thanks mate for sharing these links. It goes a long way to proof the story wasn't made up. Obviously!

I was skeptical and didn’t believe this story was true, but I guess it really did happen. It’s not quite as impressive as Satoshi’s estimated net worth, but it is still a massive profit. If we look at when they started dumping their coins, it was around the time Shiba Inu was at its all time high. They got out at the right moment, because the bear market that soon followed saw the token lose 90% of its value.

It is possible, but it's a long shot investing a huge amount in a new token that there's no guarantee of huge profit is such a long shot; the investor is a risk taker, and it paid off; this is when the meme trend is at its highest when the market is looking for a new meme for investors to hype,

I'm sure the owner of that wallet did his research investing, and he is a whale; timing is everything when investing now that the market is saturated with memes; there's no guarantee that your $8k will yield like what the guy did.
copper member
Activity: 56
Merit: 1

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?

crypto has turned what could be described as a fortune, with a simple investment in meme coins it seems I need to learn it, this journey to riches begins with a strategy that involves putting some money into meme coins, hoping for at least some success, I am currently selecting some upcoming meme coins that may have a significant potential for success, this amazing thing highlights the unpredictable yet potentially profitable nature of investing in memecoins.

I wish you luck, however, don't think it will turn out the way you imagine. The possibility is there, low-cap coins are the bread and butter of success in that direction, however, rationally think about the risks, check the coins and their contracts thoroughly, and only then make your moves.
jr. member
Activity: 366
Merit: 1
PredX - AI-Powered Prediction Market

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?

crypto has turned what could be described as a fortune, with a simple investment in meme coins it seems I need to learn it, this journey to riches begins with a strategy that involves putting some money into meme coins, hoping for at least some success, I am currently selecting some upcoming meme coins that may have a significant potential for success, this amazing thing highlights the unpredictable yet potentially profitable nature of investing in memecoins.
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