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re: Trump launches a coin on Solana

Posted on 1/18/25 at 6:52 am to
Posted by OweO
Plaquemine, La
Member since Sep 2009
120318 posts
Posted on 1/18/25 at 6:52 am to
quote:

back in 2019 I used doge to mess around with some. Threw 50 at it then watched it like a hawk for a while selling and buying back when needed. Ended up flipping it to $150 or so and figured it was time to move on so pulled the money out…. 2 weeks before it spiked


I bought into Doge.. This was 2020 and I forgot how much... Maybe just under $0.20? Anyway, every week I would buy a little more, but then all of a sudden one day it shot up to like $0.78.. At like $0.74 I sold a quarter of what I had and I was sure it was going to make another big jump. It jumped alright.. Right off the cliff and I have kept all that I had. Right now its $0.39.

I put a little bit into crypto.. but have most of what I have available in stocks.
Posted by Pedro
Geaux Hawks
Member since Jul 2008
38404 posts
Posted on 1/18/25 at 6:57 am to
Yea when I bought in it was work like 2/3 tenths of a penny, if that
Posted by OweO
Plaquemine, La
Member since Sep 2009
120318 posts
Posted on 1/18/25 at 7:08 am to
They were practically giving it away huh?
Posted by weurf3
nola
Member since Jun 2004
1223 posts
Posted on 1/18/25 at 9:51 am to
Reading this last night at <$8, over $32 this am.
Posted by LSUnation78
Northshore
Member since Aug 2012
14083 posts
Posted on 1/18/25 at 10:03 am to
80% of the coins are held in one wallet.

Super happy for anyone who actually made money. But that is the classic recipe for a rug pull.
Posted by castorinho
13623 posts
Member since Nov 2010
86599 posts
Posted on 1/18/25 at 10:14 am to
quote:

80% of the coins are held in one wallet.

Super happy for anyone who actually made money. But that is the classic recipe for a rug pull.


Yes. But the plan for the 80% has been laid out. Short term, thats very good if you're holding.

Also some service are showing the mc, and not the FDV (accounting for the 80%) so that's also helping.
This post was edited on 1/18/25 at 10:15 am
Posted by weurf3
nola
Member since Jun 2004
1223 posts
Posted on 1/18/25 at 10:15 am to
What is the "plan" for the 80%.
Posted by HarrisonTown
Member since Nov 2019
567 posts
Posted on 1/18/25 at 10:20 am to
Will probably sell initials tomorrow and ride the rest.
Equally likely to be the next Doge or go to zero imo.
Posted by Spankum
Miss-sippi
Member since Jan 2007
60642 posts
Posted on 1/18/25 at 10:28 am to
For every dollar made on this kind of shite, someone else looses a dolllar…so you have a 50/50 chance!
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
17363 posts
Posted on 1/18/25 at 10:29 am to
same. this crushed me
Posted by SwampGar
Texas
Member since Jan 2020
1420 posts
Posted on 1/18/25 at 12:42 pm to
Going to be another Hawk Tuah scam, because that is who he is.
Posted by red sox fan 13
Valley Park
Member since Aug 2018
18537 posts
Posted on 1/18/25 at 12:55 pm to
I lost everything on $HAWK.
Posted by RedPants
GA
Member since Jan 2013
5877 posts
Posted on 1/18/25 at 1:00 pm to
quote:

Someone explain to me the positives of this stunt. Help me understand why this was a good idea by the incoming presidential of the United States

It’s not a good idea. But it makes sense, Trump himself is kind of a human meme. A joke that is meant to make a point about things that need change. Hell even his looks are cartoonish.
This post was edited on 1/18/25 at 1:01 pm
Posted by TDTOM
Member since Jan 2021
24816 posts
Posted on 1/18/25 at 1:04 pm to
I love how mad he makes all the libs.
Posted by TheWalrus
Land of the Hogs
Member since Dec 2012
46136 posts
Posted on 1/18/25 at 1:05 pm to
I’m sorry but if anyone thinks it is appropriate for the president to launch a meme coin, you are absolutely nuts. I hate what the Democrats have become and voted for Trump but this is an absolutely shameful grift and shows Trump doesn’t give a rats arse about the people, it’s all about him.
Posted by TDTOM
Member since Jan 2021
24816 posts
Posted on 1/18/25 at 1:08 pm to
Stop bleeding.
Posted by SpeedyNacho
Member since May 2014
2565 posts
Posted on 1/18/25 at 1:21 pm to
That sucks, I took my 1200 and sold it on the Elon musk SNL news around.60. Rolled it into XRP around .22 and have been holding for years.


XRP actually has payment application already being implemented.

A finite amount around 100 billion coins owned, most of which is owned by ripple labs.

Posted by RedPants
GA
Member since Jan 2013
5877 posts
Posted on 1/18/25 at 1:37 pm to
quote:

I’m sorry but if anyone thinks it is appropriate for the president to launch a meme coin, you are absolutely nuts

This is obvious to any person with a brain capable of objective thought.
Posted by Galactic Inquisitor
An Incredibly Distant Star
Member since Dec 2013
18452 posts
Posted on 1/18/25 at 1:43 pm to
Does nobody see the massive problem with this from an ethical standpoint? Y'all are really buying into this oligarchy shite.
This post was edited on 1/18/25 at 1:44 pm
Posted by cgrand
HAMMOND
Member since Oct 2009
46792 posts
Posted on 1/18/25 at 2:00 pm to
we were always going to give it all away cheerfully and with gusto
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