2026-01-09 21:42:12

A friend used a professional chain scanning tool to mine a meme coin called Laozi Shudao Mountain. He sniped into the project early, and his profits increased from $1010 to $4077, a rise of over 300%. What does this case illustrate? In the high-risk, high-reward track of meme coins, making money depends not on luck but on two points: first, having a handy tool to quickly discover potential projects; second, having a powerful information source to know the latest developments faster than the market. Both tools and information capabilities are crucial; lacking either makes stable profits very difficult. Many people are attracted by the rapid price surges of new projects, but those who actually make money are often traders who use the right tools and reliable information channels.

View Original

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.

9 Likes

Reward
9
6
Repost
Share

Comment

0/400

DancingCandles

· 01-10 23:50

A 300% increase sounds great, but frankly, it's still about exploiting information asymmetry. Most people simply can't seize this wave of benefits.

View OriginalReply0

PanicSeller

· 01-09 22:12

It's both a tool and an information source. Sounds good, but isn't it still about gambling on luck? I just want to ask, is there really such a thing as stable profit?

View OriginalReply0

InscriptionGriller

· 01-09 22:12

Haha, here comes another story of "a friend made four times the profit." I've heard this kind of pitch at least three hundred times. Tools + information = stable profits? Bro, your logical flaw is bigger than a smart contract. Do you really think having a chain scanning tool can help you avoid Ponzi schemes and project founders running away? Wake up, meme coins are just harvesting machines. You have tools, others have them too. If your information is faster, it's just an early death spiral—no difference. This friend indeed achieved four times the profit, but why doesn't he mention how much he lost afterward? Do you understand survivorship bias?

View OriginalReply0

SatsStacking

· 01-09 22:11

Wow, a 300% increase—this friend is really lucky. But on the other hand, blockchain scanning tools can indeed save a lot of time, but the information source is really the bottleneck, and you have to verify it yourself.

View OriginalReply0

ForkThisDAO

· 01-09 22:07

Tools and information are indeed two legs; missing one makes it easy to stumble. But to be honest, most people don't have the patience to use tools, let alone wait for information—they all want to take a gamble for quick wealth.

View OriginalReply0

NervousFingers

· 01-09 21:51

Friends' 300% gains sound exciting, but I think these cases are the most likely to mislead new investors—it's a survivor bias.

View OriginalReply0