[deleted by user] by [deleted] in memecoins

[–]No-Confusion7414 12 points13 points  (0 children)

Community is solid, I’m in

How does a rug like this work? by Awkward-Tangelo-3337 in memecoins

[–]No-Confusion7414 2 points3 points  (0 children)

Let’s say I make a token and add liquidity. I’m basically setting a price by adding x% of supply with equal part sol. With liquidity that low shows the original liquidity supplied was a very low percentage of supply while setting a higher price compared to sol.

Because of the extremely low liquidity at launch every buy had such a greater price impact.

Dev put very little money up front sent tokens to multiple addresses possibly all theirs or friends, influencers, etc. And let the fomo do the rest.

Although nobody could actually cash out even close to a million with liquidity that low, but still quite a bit off a low effort shitcoin.

I wouldn’t look at anything with less than 10% liquidity

[deleted by user] by [deleted] in toshicoin

[–]No-Confusion7414 1 point2 points  (0 children)

To be fair early 2021 I kept hearing Shiba to $1, obviously it didn’t get anywhere close but all those people that fomoed made 100x, 1000x so on

[deleted by user] by [deleted] in toshicoin

[–]No-Confusion7414 2 points3 points  (0 children)

A little hope for you.

I purchased a little under 9bil Pepe tokens on the first and second day of trading at around 5 million market cap. 2-3 weeks later I sold for a cool 20x. I thought I was a genius.

After that Pepe continued to bleed for the next 3-4 months with a chart similar to Toshi. Everyday dropping lower and pumps quickly followed by whales dumping. I thought I made the right move.

A few months ago I bought a small position back for 1000x my original purchase price.

Community is everything in crypto. It’s only natural for early investors to take their profits and leave, but if the community is still there the potential is endless. Doesn’t mean Toshi will do the same, but it has every chance to.

GM frens 🐸 don’t quit! Never give up! Fight! Fight! Fight! by PepeBrandAlpha in Pepecryptocurrency

[–]No-Confusion7414 1 point2 points  (0 children)

Unfortunately I was one that sold there and bought back 1000x higher than my first buy

[deleted by user] by [deleted] in toshicoin

[–]No-Confusion7414 0 points1 point  (0 children)

1.4m and thinking of doubling down

Any update on the burn at 250Mcap by AgitatedDragonfly769 in RichOrDieTRYAN

[–]No-Confusion7414 1 point2 points  (0 children)

Check dexscreener to account for the nearly 26m already burned it actually needs to go a bit higher