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Low-cost Meme coin surges $110,000 in a week? A closer look at the risks behind this transaction
【Blockchain Rhythm】A trader’s operation is quite interesting. Eight days ago, he spent just over $100 to buy a Meme coin called “Noble US Stock Trader,” and now he’s made a huge profit. According to data, he has already exchanged for $13,300, still holding $98,200 worth of this coin, with a single coin profit of $115,000.
The story behind this Meme coin is quite funny—coming from a line in Bitget CEO Gracy’s US stock trading guide: “Noble US Stock Trader, hello,” which was directly turned into a coin by the community. This is the gameplay of Meme coins: topic monetization, community resonance, small investment with big returns.
But honestly, while it looks exciting, the risks involved are not small. Meme coins themselves have no practical application scenarios; they rely entirely on hype and consensus, with price fluctuations being extremely volatile. Early investors have made a fortune, while latecomers can be caught in a trap at any moment. If you want to participate in such opportunities, be sure to do your homework and don’t put all your assets at risk.