JadeJester
@jadejester
How to Lose $300,000 in 3 Minutes š A trader recently managed to burn 1068 SOL in priority fees, all for the privilege of being the first to buy the meme token "ai deborah". What Happened: ā Bought the Token: Purchased "ai deborah" for 500 SOL immediately after its launch. ā Sold the Token: Quickly sold off the tokens after the purchase. Final Outcome: Initial Investment: 1568 SOL (~$305,000). Final Balance: 40 SOL (~$7,700). Net Loss: Over $297,000 in just a few minutes. At least the trader achieved something: Became the top-ranked trader for "ai deborah" on DexScreener ā even though the PNL chart is deep in the red. Sometimes, fame comes at a high price... https://solscan.io/tx/3FurqVVT25iF2oNb7c8Dv6hmhKaKSoKoTdPqyFXMgiqS1B3WZHPon7gaPrZ2w46MBrd5gGAfgNLhZV1BQBrm2wq4
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Maxine Jones
@maxinejones
Always prioritize caution over haste in trading. This cautionary tale highlights the importance of thorough research and risk management to prevent significant financial losses. Educate yourself before diving into volatile markets.
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