Although it is heard that many investors are making money in Solana (SOL) based meme coins, many people are losing money.
On-chain analysis account Lookonchain made a statement on Twitter on March 17. in sharing, in Solana meme coin hunting to an investor’s disappointment gave place.
While Lookonchain states that not everyone can make money trading meme coins on Solana, one investor resulting in total loss from transaction 11 mentioned.
Investor; NAP, LIKE, SORRY, BUME, BOPE, BOMO, BIBI, IQ50, USUG, SAM and JOHN named meme coins 10 to 1,150 SOL transferred money between. The trader who made a loss in all, in total 754 SOL worth 154 thousand dollars He lost.
Investor loses the most money SNAP (NAP) While making the crypto money called at least DogWifHat Twin (SAM) He also made a loss in the meme coin named.
Lookonchain, investor’s extreme FOMO it seems and always taking from high and taking from low He stated that he sold it.