Hello!
Yesterday I wrote a post saying that the launch of the $TRUMP token can be harmful to the addition of a Bitocoin strategic reserve for the United States of America. I just hope that the $TRUMP token doesn't rug pull fast and we are able to have a full bull market this 2025.
I was bored and I was thinking in taking profit of the high volumes this kind of memecoins have. After some thought I decided to test it out with my own funds. I converted approx $1,500 to SOL and joined the Meteora pool for TRUMP/SOL.
It's important to note that I am testing the Meteora's Dynamic Liquidity Market Maker (DLMM) which gives LPs access to dynamic fees and precise liquidity concentration all in real-time.
But, what's the meaning of that?
This means that I am adding liquidity but I'm concentrating the liquidity among 1 particular range of the pool.
Here are the numbers so far from 5 hours ago:
$90 dollars in fees so far. But I will be able to make a profit from this? We will see.
Here is the range I've chosen for the concentrated liquidity. So far, I've nailed it considering I added the pool in the blue circle of the next image:
I hope this range holds for as long as possible and I will be earning some fees.
I hope you have a great day!
Posted Using INLEO
Do an update post and let us know if you were able to make some decent profits for yourself. $TRUMP has really got us worried, seeing we're just in the bull run year
Ok! I did that.
I hope you had a great day my friend.
Toppish signal! @resiliencia is going into memecoins 😂
hahahahaha! 😂
I'm trying to yield farm fees from the volume of memecoins!
Don't put me in the shitcoin bag!
Trump goes too high in no time, this called the real energy of crypto.
Is it the first step towards bear market?
in just 1 day of lasting this goes up from 0.1$ to 60$
Do you believe that Trump coin is going to stay in market for long?