Posted 3/31/2024, 12:33:14 PM
Investor Turns $5,000 Into $2,000 But Misses Out on $12 Million Payday After Selling New Meme Coin Too Early
- Investor purchased $5,000 of new meme coin DogWifHat (WIF) at launch in December 2023 when it was $0.004 per coin
- WIF rallied hard in early 2024, reaching over $3 per coin, turning the $5,000 investment into potentially $12 million
- Investor sold after the first rally for $2,000 profit, cashing out at $7,000 total
- If held, the investor's $5,000 would now be worth over $12 million after the massive rally
- The investor lost over $100,000 trying to find the next hot meme coin and feels "ruined" after missing out on potential multimillion dollar profits