A Profit of 8M plus from a Meme Token

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(Edited)

After rewriting my transcripts for tomorrow's Chapel Service, I visited the Cent tribe to upvote posts there. After reading @alt-runner's announcement about the Top Contributor Contest, I think that "minimum 100 words long post" is doable despite my hectic schedule. And so as usual, I just picked an article from coinmarkets.today and what caught my attention is a Meme token.

Yesterday, I wrote about GFOX and WIF. This time, it's about SHIB.

I haven't invested in Meme tokens. Despite the promised profitability and hype, I am still doubtful if Meme tokens are for me.

I find what recently happened to SHIB very interesting. Imagine, a profit of 8.24 million USD after a whale sold a massive amount of 533.6 billion SHIB tokens for $15.99 million in DAI stablecoin. We are told that the whale controls 11 wallets.

Source

Transactions like this tell us that buying Meme tokens isn't for newbies. An amateur will get nervous reading updates like this.



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35 comments
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o.o don't be scared. and only inves tmoney you are ok losing

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So are you into Meme tokens too?

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o.o it's a punt play wouldn't say im into them lol

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just follow the narrative follow the meta lol if the meta is memes just get in it just becareful of the scams

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A few constraints: limited funds, time, and the know-how.

!LOLZ

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limited funds is great. thats the power of meme coins. u can turn 100 bucks to 1000 or 10k. there's not really much know how u just gambling o.o high risk high reward play. im talking about more of the new ones. the ones like shib and doge are probably the more safer ones as they are well established already

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Still don't know how to buy those two. Since my experience with the disappearance of my CUB/POLYCUB from BSC, I would rather stick with Hive Engine tokens, which so far, I haven't experienced any problem yet after close to three years of using it.

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fear is what holds us back. Do not let fear hold you back

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Are you talking about the fear that makes a person paralyzed into inactivity? I am thinking of an informed fear that makes you vigilant to prevent further harm.

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o.o fear is making u scared of the potential to change your life.

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How about being fearful of something that based on your experience is dangerous causing you to shift your focus and energy to something more productive?

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but you have to move on. You can't let one experience in the past ruin your future potential and opportunities. If a girl breaks a guys heart are they just not going to get a new girl anymore? If a dog bites you are you just gonna hate dogs forever. We have to move on no?

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As long as you are alive, you cannot afford not to move on. Since you used the girl analogy, if that girl betrayed you, would you still keep the relationship despite knowing she is not committed to you and doing you more harm? Not unless of course, if you are a martyr. A better choice is to focus your energy on something productive and if you find a better girl in the future, that would be good.

!LOLZ

!PIZZA

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well not same girl O.O. u had a bad experience with one meme coin its ok if u dont go back to the same one but there are other ones out there?

I didn't say same girl by the way that was u :')

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I see. We agree on moving on.

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o.o isn't that what I said originally? I actually didn't get your point cuz u just supported what I said

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Maybe you would be interested in MEME, PEPE, and other meme coins on #HiveEngine. 🤔😏

!PIZZA !LUV

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Hive Engine Meme tokens I own:

  • $PEPE = 325k

  • $MEME 2.9k

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Based on the total (liquid and staked) value of both your PEPE and MEME which is less than $7, it really looks like you are relatively uninterested in those tokens compared to other tokens such as LEO (where you have worth more than $470). 😆🤓

!PIZZA !LUV

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My new focus: $LEO $CENT $DRIP $ZING $WOO $SME and $POB.

I am dropping $SPORTS. I will hold 3.1M.

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You can use the !PEPE bot command to support the PEPE community and tip zero PEPE tokens everytime. 😎

Anyway, when will LEO have its own Hive tipping token? 🤔😏

!PGM

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That is so right my friend. I think 100 words is a sweet spot, showing that a poster has a desire to write a post, as well as reducing the spam. So one can make a post, and still be counted. But I also still see some posters, who didn't even want to join the fun, just post a photo, a nd a meaningless few words.

haha, I am trying to get away from Meme as far as possible.
!LUV

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Yeah, I see those posts with one line and yet acquiring 100k plus of their tribe tokens and using the #cent tag at the same time.

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