[Crypto World] On December 8, a certain former president posted about the NCAA sports controversy on social media. Originally, it was just a rant about a judicial ruling, but because he used the phrase “$BIG trouble,” the crypto space exploded.
You read that right—just because of that dollar sign, sharp-eyed market players jumped into action immediately. About 10 seconds after the post went live, a token called BIG appeared on the Solana chain via the Bonk platform. That speed is a textbook example of on-chain sniping.
The numbers are even crazier: this thing peaked at a market cap of $5.3 million, attracting 5,148 holders. But the second half of the story isn’t so pretty—at present, the market cap has already crashed to $360,000, an astonishing pullback.
To put it simply, this is another typical meme coin frenzy. Some people made their first bucket of gold on information asymmetry, while many more got stuck buying at the top. These tokens mostly have no real use case, driven purely by hype and consensus, and their volatility is like a rollercoaster.
There’s never a shortage of hot topics in the market, but your money can’t withstand endless speculation. It’s fine to watch the excitement, but before you throw your hard-earned cash in, think twice.
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BlockchainBouncer
· 12-08 21:46
Listing within 10 seconds, this sniping speed is truly insane... Unfortunately, most people are still destined to be bagholders.
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ChainProspector
· 12-08 03:49
10-second coin creation? Laughable, these are two completely different worlds.
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From 5.3 million to 360,000, a perfect demonstration of what a rollercoaster experience means.
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Yet another story of profiting from information asymmetry. I bet five bucks the people coming in later are just bag holders.
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Solana really is fast—so fast you lose money before you can even react.
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A former president can casually make a post and spawn a new coin. I really can’t learn that move.
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Sniper textbook? It’s just gamblers gambling, all about probability.
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Slashed from 5.3 million to 360,000 and still not waking up? How big are these people’s guts?
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Honestly, I always avoid meme coins in crypto. Only a small number of people ever make money.
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LayerZeroJunkie
· 12-08 03:48
Once again, it's a game of information gaps—move fast and you eat meat, move slow and you eat dirt.
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10-second snipe? Seriously? How crazy must that bot be?
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From 5.3 million to 360,000... this is the fate of meme coins, I guess.
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Wait, so just because of a $ symbol, a new coin can pop up? Crypto is really hopeless, haha.
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Those 5,000+ people who chased the top must be regretting it now. I bet five bucks on it.
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Information gaps are always the most profitable. If only I had camped out on the Solana chain too.
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This move is textbook... a textbook example of how to lose money.
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A 30-second get-rich dream turns into a 30-second bankruptcy nightmare. Meme coins are wild.
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What happened to the snipers? Now everyone’s become the prey.
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Just look at that speed—how many bots does it take to pull this off?
View OriginalReply0
MevHunter
· 12-08 03:42
Same old trick: 10-second snipe, from 5.3 million to 360,000, it's brutal.
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just_here_for_vibes
· 12-08 03:39
Haha, same old trick again, launch a coin in 10 seconds? I was still drinking water.
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From 5.3 million to 360,000, that’s quite a loss, must feel so exhilarating, haha.
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$BIG trouble just directly turned into BIG trouble, cracked me up.
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Snipers are so fast, ordinary people simply can't react in time.
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The information gap is always the dividing line between the "chives" and the "sickles".
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Another story of chasing the top, I don’t even look at these kinds of coins anymore.
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A coin pops up in 10 seconds? My god, the speed of this chain is insane.
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Those who are stuck are definitely cursing, I’m no exception either.
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That’s just how meme coins are, everyone has to pay the price for making fast money.
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I’m just watching, I definitely won’t chase after this kind.
View OriginalReply0
LidoStakeAddict
· 12-08 03:34
Ha, sniping a coin in 10 seconds, that's just daily life on the SOL chain.
Seriously, if I’d known Trump loved tweeting, I would have camped there and kept watch.
From 5.3 million to 360,000, that drop is insane, the trouble is definitely big.
Yet another trick of harvesting newbies with information gaps, and there are always people who fall for it.
I just want to know what those 5,000+ holders are thinking now.
One Trump post, and yet another meme coin legend is born on Solana.
[Crypto World] On December 8, a certain former president posted about the NCAA sports controversy on social media. Originally, it was just a rant about a judicial ruling, but because he used the phrase “$BIG trouble,” the crypto space exploded.
You read that right—just because of that dollar sign, sharp-eyed market players jumped into action immediately. About 10 seconds after the post went live, a token called BIG appeared on the Solana chain via the Bonk platform. That speed is a textbook example of on-chain sniping.
The numbers are even crazier: this thing peaked at a market cap of $5.3 million, attracting 5,148 holders. But the second half of the story isn’t so pretty—at present, the market cap has already crashed to $360,000, an astonishing pullback.
To put it simply, this is another typical meme coin frenzy. Some people made their first bucket of gold on information asymmetry, while many more got stuck buying at the top. These tokens mostly have no real use case, driven purely by hype and consensus, and their volatility is like a rollercoaster.
There’s never a shortage of hot topics in the market, but your money can’t withstand endless speculation. It’s fine to watch the excitement, but before you throw your hard-earned cash in, think twice.