Investor Hit Horribly By Meme Coin: Lost 85% of His Money in 3 Minutes!

A crypto investor trying to take advantage of the meme coin craze lost tens of thousands of dollars in a short time. According to data from on-chain analytics platform Lookonchain, the gamble for a meme coin cost a lot for one investor. The data revealed that the investor spent 53 thousand dollars to buy a meme coin called LADYF with 300 Solana (SOL), but just 3 minutes after the purchase, panic sold due to the price crash and lost 46 thousand dollars and 263 SOL. The increasing FOMO on Solana-based meme coins has started to hurt many investors. The rush to make a lot of money quickly has resulted in many investors losing a lot of money in a short time. Last week, an investor who lost money on every meme coin purchase finally gave up and withdrew all their money from the crypto exchange Binance.

Investor Hit Horribly By Meme Coin: Lost 85% of His Money in 3 Minutes!

A crypto investor trying to take advantage of the meme coin craze lost tens of thousands of dollars in a short time.

According to data from on-chain analytics platform Lookonchain, the gamble for a meme coin cost a lot for one investor.

The data revealed that the investor spent 53 thousand dollars to buy a meme coin called LADYF with 300 Solana (SOL), but just 3 minutes after the purchase, panic sold due to the price crash and lost 46 thousand dollars and 263 SOL.

The increasing FOMO on Solana-based meme coins has started to hurt many investors. The rush to make a lot of money quickly has resulted in many investors losing a lot of money in a short time.

Last week, an investor who lost money on every meme coin purchase finally gave up and withdrew all their money from the crypto exchange Binance.

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