One simple meme coin causing millions of losses to seasoned traders
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It is important to understand that meme coins are incredibly high-risk due to their nature. They often start as a joke and lack the fundamental backing. The majority of meme coin investors who see returns are usually those with insider information, like creators, or those using automated trading programs that can jump in and out of trades much faster than humans, like MEV bots or snipers.
It is wise to tread carefully in the meme coin space. SLERF's track record shows that it can be a portfolio destroyer, and getting involved without a solid strategy or inside knowledge could be a setup for a disaster. Arman strongly believes that cryptocurrencies and the blockchain will be of constant use in the future. Currently, he focuses on news, articles with deep analysis of crypto projects and technical analysis of cryptocurrency trading pairs.
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