[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 206 KB, 1572x708, fuckme.png [View same] [iqdb] [saucenao] [google]
58009339 No.58009339 [Reply] [Original]

I just got ROYALLY rugpulled by "Elewn Mosk" on Solana

I haven't been in crypto for like 3 years so I decided to by a meme coin since they've been skyrocketing the past few weeks. I bought $4000 worth and it 4x'd and I saw it was the top 7 trending coin on dexscreener.
Then all of a sudden it shot up like 100x then crashed down to nothing, then shot up again then crashed over and over for like 10 minutes.
Now my money is worth almost nothing.

I know rugpulls happen, but what the actual fuck was that?
Why did it skyrocket then crash rapidly over and over?

>> No.58009397

>>58009339
TLDR. Your up 37,000% in 5 min?!?! Just sell.

>> No.58009404

4000x4x100?
Is the math off saar?

>> No.58009422

>>58009339
Why would you hold for more than 30 min a token with unlocked liquidity?

>> No.58009450

>>58009339
the methods of rug pulls within the meme casino are increasingly sophisticated.
think of the prevalence of meme, and the ease of producing tokens, it's fucking easy holy shit.
Combined with the desperate attempts from people trying to subvert the autocratic jewish financial system just to live a normcore life.

Anyways, thanks for playing, no refunds

>> No.58009455
File: 338 KB, 1534x2048, 1639570786704.jpg [View same] [iqdb] [saucenao] [google]
58009455

>>58009339
https://apu.club/ will save you fren, gl we are here for you

>> No.58009462

>>58009455
another jewish scam

>> No.58009477

>>58009450
>>58009422
Does anyone know how this actually happened?

>> No.58009966

Bump

>> No.58009977

>>58009455
Kill yourself

>> No.58009989

>>58009477
>>58009966
Why don't you look at the transaction history, figure it out yourself, and then make an actually interesting thread about it?

>> No.58009990

>>58009477
You bought a 73k market cap coin on Solana. Those coins are pretty much all pump and dumps. It's the Solana casino.

>> No.58009991

>>58009339
thanks for playing

>> No.58010004

>>58009477
don't just put $4000 into any random shitcoin. yes there are some memecoins you can do this with, you probably just picked the first doodoo coin you came across without looking into if it had any kind of organic community

>> No.58010031

>>58009989
How about you fucking retards "from 4chan" actually learn by yourselves for once instead of having to be spoonfed all the time? Fucking Redditors.

>>58009477
Yeah, the owner controlled 99% of the supply and kept pump & dumping.
When he pumped he expected more buys, when he didn't get more buys he dumped it all.
And also this shit is automated by bots. You either fucked up by not selling or you couldn't have sold anyway because of various features in the smart contract like temporarily setting up the sell fees to 99% , blacklisting your address temporarily and so on and so forth so the tokensniffer says it's not a scam MOMENTARILY, but the moment he activates that feature you can't sell without suffering a gigantic loss.

>> No.58010066

>>58010031
You're the one begging to be spoonfed, dipshit.
>I know rugpulls happen, but what the actual fuck was that?
>Why did it skyrocket then crash rapidly over and over?
The answer is because you're a retard

>> No.58010071

Be careful
There are groups of pajeet scammers creating these coins with crazy hidden tokenomics
They might enable mint authority, snipe a huge chunk of the supply at launch with a bot or even allocate the supply and then spread it across 100 different wallets in a split second, then slowly dump on you

The solana shitcoin casino is fucked, I've noticed a good way to filter out these shitters is to stick to ones listed on CMC or CoinGecko, because dexscreener & birdeye will have anything, too much risk
Try to avoid coins launching during India's daytime

>> No.58010075

>>58009991
It's a fun game, you have to admit.

>> No.58010100

>>58009455
Fuck off with your oil snake somewhere else you fucktard and don't try to talk to me like you were my friend you lying scamming piece of shit faggot i swear to God I'll fucking kill you

>> No.58010118

>>58009339
you bought $4k of a SOL shitcoin, got a 4x and still didnt take out your initial?