he knows
99% people trading shitcoins lose all their hard earned money every time
Over 70% of the 1% that gets very lucky, ends up gambling their money again
50% of the 1% that got lucky ends up losing all their money by trading again
Who benefits from memecoins:
Solana txn fees, exchanges, pumpfun and pumpfun deriv business, shillfluencers, sniper bot/copy trading businesses, insider traders/cabals, memecoin devs, pump n dumpers, ruggers, validators, telegram gc owners, market makers, paid KOLs, Jupiter, Raydium, Meteora and all competitors, experienced LP providers, dexscreener and competitors, tg mods, a few artists, communities that get airdrops, and a few other parties too
If you do not fall under any of these categories (you are a part of 99% of normal people in Solana) you will get fucked with memecoins 99% of the time.
If you choose to continue gambling, that’s up to you, just know that 99% of the time you are burning your money.
Pls seek some help if you are an addict. The sooner you admit it, the better.
Much love Solana degens.