Getting the memecoin narrative right isn't enough—you also need to choose the right trading pairs. Pick the wrong one? Expect to be eaten alive. A group of whale wallets (250+ addresses) will directly dump, while simultaneously showing off their +30 SOL profit screenshots on social media, accompanied by captions like "God bless." This is the true picture of the current SOL ecosystem memecoin: liquidity traps are everywhere, and retail investors are being harvested one after another. Behind the seemingly hot community enthusiasm, there is often a carefully planned exit strategy.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
10 Likes
Reward
10
7
Repost
Share
Comment
0/400
DefiPlaybook
· 8h ago
According to on-chain data, the concentration of these 250+ whale wallets is indeed shocking—it's basically a joint liquidation script. It’s worth noting how cleverly the liquidity structure of SOL memecoin is designed, causing retail investors to suffer even more.
Before being eaten up, it's best to first look at the distribution of holdings to avoid a bloody lesson.
View OriginalReply0
ProtocolRebel
· 14h ago
I think this trick has been common for a long time, just waiting for fools to keep rushing in. The whales have already been laughing to death.
View OriginalReply0
RetiredMiner
· 14h ago
A screenshot of a dump shows it's just acting; I'm tired of this routine.
View OriginalReply0
BankruptcyArtist
· 14h ago
Damn, it's the same old story. The whales are tired of playing and openly show their profits, while retail investors are still trying to buy the dip.
View OriginalReply0
PumpDetector
· 14h ago
lmao the narrative trap is real... saw this play out 250 times already. those whale wallets dumping while posting "god bless" screenshots? classic sentiment cycle manipulation. reading between the lines here - liquidity honeypots are basically the new mt. gox for retail rn 💀
Reply0
GasFeeNightmare
· 14h ago
I've only realized after being cut multiple times that choosing the wrong trading pair is really like committing suicide. The whales are playing this psychological game.
View OriginalReply0
LiquidationWizard
· 14h ago
Whale dumping to show off profits is really next level. I just want to ask, who the hell is still falling for it?
Getting the memecoin narrative right isn't enough—you also need to choose the right trading pairs. Pick the wrong one? Expect to be eaten alive. A group of whale wallets (250+ addresses) will directly dump, while simultaneously showing off their +30 SOL profit screenshots on social media, accompanied by captions like "God bless." This is the true picture of the current SOL ecosystem memecoin: liquidity traps are everywhere, and retail investors are being harvested one after another. Behind the seemingly hot community enthusiasm, there is often a carefully planned exit strategy.