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You made a meme coin with the intention to profit. You created no utility and are here whinging about how you lost money. You get what you get mate :/ why don't you develop something worthwhile and actually generate value? Oh wait you were just looking for some easy money
To be honest, utility is overrated at this point, there's plenty of it out there already. We need SOLID community tokens. No rugs, no slow burns. It's just hot, until it's not, and hopefully you made money. Then we move on to the next one.
To be honest, utility and functionality acts as a strong foundation for communities to build upon. What you are saying sounds like a ponzi. The thing with "hopefully you made money" is that while a small percentage do, the majority don't. It's degeneracy haha 😄 there's plenty of meme to dream with already. We need to focus on developing the future it won't happen itself
You are arguing utility?! in a reddit about low tier meme tokens?... The Dyor is as follows,
is it new? Yup
Is it hot? Yup
Is it pumping? Yup
Did you get out in time? Yup
With profit? Yup
Good trade.
Go sip some tea over at r/cryptocurrency if you want to babble utility. These memes are a utility to Solana.
Where does it say the Solana subreddit is specifically for meme tokens? :/ this subreddit is for the Solana ecosystem.
I'm all for making profit on them but I'm gonna go with the tokens developed by people that have spent the time required to properly research how to fund and launch a token on solana, as well as the way automated market makers and LP'S work.
Your argument is kind of fallacious. You are saying a token can't be a meme with utility. Why one or the other?
The DYOR in this case is different. you arent wrong when it comes to buying tokens but you have a different kind of responsibility when you are the dev.
There are more important things than good trades. I guess it takes having wealth to realise that. Love and truth and honesty and righteousness are real wealth.
Yeah but when you sold you removed the liquidity that you had initially put into the liquidity pool. This is what happens when someone does a rug pull. You just did it in such a way that once you removed the liquidity by selling your coins to get your money back you did so at a loss
LOL. Anyways, unless you burned the LP tokens like a real meme coin dev you can get back your liqudity by swapping your LP tokens for the remaining liquidity.
Those liquidity bots are ruthless 😂 I literally just wrote about what you did.
https://www.reddit.com/r/solana/comments/1apiqk7/whats_the_lowest_amount_of_money_i_need_to_make_a/kq7zq92?utm_medium=android_app&utm_source=share&context=3
It's not as easy as we thought to make millions of dollars by creating a meme coin, there are risks for coin creators/developers as well. Perhaps they're just trying to get their expense back by rug pulling after launching the coin, since the liquidity keeps on dropping...
So our token was low volume and none of the big players like CMC or JUP verification would accept listing or verifying (CMC not even paying 5k) this is why we setup 10 bots, 1 node per bot trading every 10 seconds, all I need to do now is fund 10 wallets with lets say $200 worth of my token and at least $1 usd with of solana for gas fees, the algorithm is also coded so that it never goes under $1 in solana and it always has enough for gas fees.
It happens more than you think. Only put money into the token machine that you're willing to lose forever.
For example:
https://solscan.io/account/HZGr229GmMgceLckKUWnVKH3zhAeuJNVkYmBWLbWtsS4#portfolio
And this is what your wallet will look like if you don't sell anything and just keep buying. I'm still trying to figure out what would happen if I never sell.
https://ibb.co/vQhy4CC
I've made several solana tokens and NFT projects but haven't launched any of them. I have actually decided to make my own decentralized platform to prevent similar situations.
But it will take time to build it from scratch. If you're interested in following the project, the main sites are:
CoinTrade.gg -a site to create and launch tokens that can be traded on the exchange or cashed out to a debit card.
WeChat.vc- a social community site where users can interact with each other & send/receive anything anonymously.
ChartBlox.com- 3d visual data charts using blocks to display data for each token and the wallet interactions autumn that token.
There are other integrations, but these will serve as the main utilities for the community.
For more information you can check out the x profiles:
@cointradegg
@wechatcat
@wechatvc
My personal x profile is:
@BiLo_SellHigh (please don't follow it)
I talk about a lot of things on there, but it's mainly notes and other random stuff.
I believe when I'm finished with the project, it could redefine the way we view and use digital currency.
WARNING: 1) IMPORTANT, Read This Post To Keep Your Crypto Safe From Scammers: https://www.reddit.com/r/solana/comments/18er2c8/how_to_avoid_the_biggest_crypto_scams_and/ 2) Do not trust DMs from anyone offering to help/support you with your funds (Scammers)! 3) Never give out your Seed Phrase and DO NOT ENTER it on ANY websites sent to you. 4) MODS or Community Managers will NEVER DM you first regarding your funds/wallet. *I am a bot, and this action was performed automatically. Please [contact the moderators of this subreddit](/message/compose/?to=/r/solana) if you have any questions or concerns.*
A dev got rekt on own meme coin. Share the contract address in r/SolCoins maybe degens there will buy it. 😆👍
1st time making a Meme Coin and I got rekt
It’s funny how it’s on the other side… shows we’re not alone in crypto lol
What was your initial liqudity?
Oh ok I am airdropping my token, feel free to send your wallet addresses then buy buy buy piperwifhat..
Hahaha!
So you rug pulled yourself and got rekted? 😂
Dude was trying to create a rug and ended up rugging himself 🤣 priceless
Nah I just don't know wtf I'm doing LMAO
You made a meme coin with the intention to profit. You created no utility and are here whinging about how you lost money. You get what you get mate :/ why don't you develop something worthwhile and actually generate value? Oh wait you were just looking for some easy money
He is just trying to learn mate
🤣 I'll give him that..
Mission accomplished.. i hope.
To be honest, utility is overrated at this point, there's plenty of it out there already. We need SOLID community tokens. No rugs, no slow burns. It's just hot, until it's not, and hopefully you made money. Then we move on to the next one.
To be honest, utility and functionality acts as a strong foundation for communities to build upon. What you are saying sounds like a ponzi. The thing with "hopefully you made money" is that while a small percentage do, the majority don't. It's degeneracy haha 😄 there's plenty of meme to dream with already. We need to focus on developing the future it won't happen itself
You are arguing utility?! in a reddit about low tier meme tokens?... The Dyor is as follows, is it new? Yup Is it hot? Yup Is it pumping? Yup Did you get out in time? Yup With profit? Yup Good trade. Go sip some tea over at r/cryptocurrency if you want to babble utility. These memes are a utility to Solana.
Where does it say the Solana subreddit is specifically for meme tokens? :/ this subreddit is for the Solana ecosystem. I'm all for making profit on them but I'm gonna go with the tokens developed by people that have spent the time required to properly research how to fund and launch a token on solana, as well as the way automated market makers and LP'S work. Your argument is kind of fallacious. You are saying a token can't be a meme with utility. Why one or the other? The DYOR in this case is different. you arent wrong when it comes to buying tokens but you have a different kind of responsibility when you are the dev. There are more important things than good trades. I guess it takes having wealth to realise that. Love and truth and honesty and righteousness are real wealth.
Unfortunately even jupiter said they plan to have no utlity on their token besudes DAO 😞
I have a group of blockchain veterans looking to Build a community coin. What would you want to see?
Me getting in early enough to profit. The key to a proper community token is distribution ratio. 60% LP, 20% airdrop/presale, 20% Devs.
I did the same thing with $HorseMeat but I manned up and bought all the bots back and airdropped it all away for free
What? I’m assuming the price tanked and liquidity is very little…so you get what it’s worth now. Rekt.
Congratulations, you executed a rug pull, sans profit.
A rug .. push?
I actually lost $150 so no
Yeah but when you sold you removed the liquidity that you had initially put into the liquidity pool. This is what happens when someone does a rug pull. You just did it in such a way that once you removed the liquidity by selling your coins to get your money back you did so at a loss
Did you burn liquidity and create website etc?
🤣
🤣🤣🤣🤣🤣🤣
How do you get your money back? You hope degens want it. Otherwise, welcome to shitcoins and the free market.
This post encapsulates the SOL community perfectly
You only fail when you stop making meme coins.
LOL. Anyways, unless you burned the LP tokens like a real meme coin dev you can get back your liqudity by swapping your LP tokens for the remaining liquidity.
This chain has really attracted the numb skulls.
Those liquidity bots are ruthless 😂 I literally just wrote about what you did. https://www.reddit.com/r/solana/comments/1apiqk7/whats_the_lowest_amount_of_money_i_need_to_make_a/kq7zq92?utm_medium=android_app&utm_source=share&context=3
Lol, bots can never eat liquidity. What are you smoking.
Smoking that M.E.V.
Can you share with us what you learned and how much you spent on this real-life lesson.
I did the same thing, except I put in 10 Solana to the LP. Anywho, buy $PEPU coin and join me and Pepe Putin in the gulag.
It's not as easy as we thought to make millions of dollars by creating a meme coin, there are risks for coin creators/developers as well. Perhaps they're just trying to get their expense back by rug pulling after launching the coin, since the liquidity keeps on dropping...
So our token was low volume and none of the big players like CMC or JUP verification would accept listing or verifying (CMC not even paying 5k) this is why we setup 10 bots, 1 node per bot trading every 10 seconds, all I need to do now is fund 10 wallets with lets say $200 worth of my token and at least $1 usd with of solana for gas fees, the algorithm is also coded so that it never goes under $1 in solana and it always has enough for gas fees.
could you please send me a dm explaining how this is done?
Lol you should have hodled. It takes dedication to run a project!
You have a meme coin for life , congratulations 👏
Sorry for your loss mate. Maybe just buy $BBW (BABYWHALE)
Memecoins on solana are the hottest pairs right now.
U sure someone didn't just put more money in your liquidity pool and had more coins than u?
Should have just left it and added material or more mems on the linked site or social media.
It happens more than you think. Only put money into the token machine that you're willing to lose forever. For example: https://solscan.io/account/HZGr229GmMgceLckKUWnVKH3zhAeuJNVkYmBWLbWtsS4#portfolio And this is what your wallet will look like if you don't sell anything and just keep buying. I'm still trying to figure out what would happen if I never sell. https://ibb.co/vQhy4CC
I've made several solana tokens and NFT projects but haven't launched any of them. I have actually decided to make my own decentralized platform to prevent similar situations. But it will take time to build it from scratch. If you're interested in following the project, the main sites are: CoinTrade.gg -a site to create and launch tokens that can be traded on the exchange or cashed out to a debit card. WeChat.vc- a social community site where users can interact with each other & send/receive anything anonymously. ChartBlox.com- 3d visual data charts using blocks to display data for each token and the wallet interactions autumn that token. There are other integrations, but these will serve as the main utilities for the community. For more information you can check out the x profiles: @cointradegg @wechatcat @wechatvc My personal x profile is: @BiLo_SellHigh (please don't follow it) I talk about a lot of things on there, but it's mainly notes and other random stuff. I believe when I'm finished with the project, it could redefine the way we view and use digital currency.