Memecoin Madness: Trader Banks $100K+ in 48 Hours on Obscure Token
Another day, another degen flipping shitcoins into sports cars. This time? A trader turned a few grand into six figures by frontrunning the latest meme hype—proving once again that crypto’s ’greater fool theory’ is alive and well.
No fundamentals, no problem. The token in question pumped 15,000% before crashing back to Earth—just in time for the next bagholder to learn a very expensive lesson about chasing pumps.
Wall Street still can’t decide whether to laugh or cry. Meanwhile, the SEC’s enforcement division just added another case file to their ’meme enforcement’ drawer—already overflowing from 2024’s memecoin mania.
Crypto Is the Future, Not Banks, Says Eric Trump
GORK is one of several tongue-in-cheek tokens riding the wave of hype around AI and pop culture, a space that’s gone quieter this year compared to 2024’s explosive trends. Back then, speculative trading in meme assets was common, with fortunes made overnight.
The last trade of this scale came during the controversial launch of Trump-themed tokens earlier in the year. Some coins linked to the Trump name had short lock-up periods, sparking debate over insider advantages during the initial pump.
