Satoshipierogi
@satoshipierogi.eth
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Satoshipierogi
@satoshipierogi.eth
97% of Meme Coin Traders Lost Money in 2024: What Went Wrong? 2024 was a reality check for meme coin traders—dreams of overnight riches met harsh truths. According to MV Global's Year-End Report. Their analysis of the memecoin (super)cycle, based on over 4.2 million wallets tracked by pump.fun reveals: - 97% of traders made less than $1,000. - Only 0.3% earned over $10,000. - A tiny 0.03% crossed the $100,000 mark. - And just 0.003% reached profits exceeding $1M. So, what went wrong? MV Global highlights that rare success stories can mislead investors, suggesting high profits are common. However, most meme coin traders barely break even—or worse, lose money. Pump dot fun by the Numbers: A harsh reality check for meme coin traders in 2024. [See Image Attached] The chart shows that while Pump dot fun generates high revenue, most traders are unprofitable.
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Satoshipierogi
@satoshipierogi.eth
Gn
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Satoshipierogi
@satoshipierogi.eth
Gm frens
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Satoshipierogi
@satoshipierogi.eth
I'm ready for @plumenetwork testnet! https://x.com/plumenetwork/status/1798151422430822878 https://deform.plumenetwork.xyz/testnet?referral=O3ReY6Ty3rhu
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Satoshipierogi
@satoshipierogi.eth
Gm frens
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Satoshipierogi
@satoshipierogi.eth
Finding the next alpha be like
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Satoshipierogi
@satoshipierogi.eth
What DePin projects are you all currently contributing to? Reply below 👇 I’m interested in expanding/contributing to more potential DePin projects.
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Satoshipierogi
@satoshipierogi.eth
Who can i follow for educational crypto content?
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Satoshipierogi
@satoshipierogi.eth
Hello World
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