What’s the Deal With Solana Memecoins? Are People Really Making Money?

[Daisylord]

I remember when I first got into crypto, the advice was always the same: “Avoid memecoins they’re just gambling.” And for a while, that made sense. But lately, I’ve been wondering if that old rule still holds up. Every day, I see new Solana memecoins launching some completely random, others cleverly tied to trending topics—and people are out here posting wild gains.

Take something like $RIZZMAS. It’s a Christmas-themed meme token with the whole “RIZZ” trend behind it. Clever, sure, but then you look at the charts, and it’s doing insane numbers in just a few hours. Or $CHILLGUY, which seems to have hit the sweet spot of meme culture. You see screenshots of people turning a couple hundred bucks into thousands like clockwork.

But here’s what gets me thinking: Are these coins actually creating profits for most people, or is it just a handful of traders who time it perfectly? For every 10x PNL someone shares, how many others are sitting quietly, waiting for a pump that never comes?

I’m curious what others think about this whole wave of Solana memecoins. Are they just another trend, or is there actually a strategy here? Are the big winners just lucky, or is there a method to the madness?

Would love to hear your experiences , whether you’ve jumped into these coins, stayed on the sidelines, or maybe even gotten burned.

[hugeblack]

There is a rise in the memecoins or Solana memecoins wave, but this does not mean that investing in memecoin is good or will make you profits. In the past, the talk was about Bitcoin, Ethereum, or Doge, but what investors are talking about now is that memecoins make profits. But when you ask them which memecoins are the best, you will get hundreds of answers, and certainly all of them are bad investments except at certain times, but the outcome of the memecoins market is positive.

[Mia Chloe]

I remember when I first got into crypto, the advice was always the same: “Avoid memecoins they’re just gambling.” And for a while, that made sense. But lately, I’ve been wondering if that old rule still holds up. Every day, I see new Solana memecoins launching some completely random, others cleverly tied to trending topics—and people are out here posting wild gains.

I've never been of the opinion that meme coins are of zero profitability because they literally wouldn't exist in the first place if they were. The problem with meme coins is the risk involved especially with those that engage in them based on trending hype at that moment.
Meme coins constitute one of the shortest term investments with one of the highest risk margin and in addition large profit margin too based on your capital. Many persons who lose to meme coins do so because they lack the right information and timing to execute either buy or sell as the case may be.

[bitterguy28]

But here’s what gets me thinking: Are these coins actually creating profits for most people, or is it just a handful of traders who time it perfectly? For every 10x PNL someone shares, how many others are sitting quietly, waiting for a pump that never comes?

i think that no matter what the memecoin there are always the optimistic ones that usually get left behind the thing is with memecoins when you can gain profit make sure to do it immediately because they are incredibly unpredictable it is so much better to not be able to maximize your profit rather than take home nothing at all

I’m curious what others think about this whole wave of Solana memecoins. Are they just another trend, or is there actually a strategy here? Are the big winners just lucky, or is there a method to the madness?

Would love to hear your experiences , whether you’ve jumped into these coins, stayed on the sidelines, or maybe even gotten burned.

the only strategy here is you looking for which ones are most likely to attract the most people and recognizing when you could take out earnings aside from that nothing much strategic advantage i could think of that you might have

[hugeblack]

Meme coins constitute one of the shortest term investments with one of the highest risk margin and in addition large profit margin too based on your capital. Many persons who lose to meme coins do so because they lack the right information and timing to execute either buy or sell as the case may be.

This is a good definition of Meme Coins but the reasons you mentioned don't seem real. Getting the right information and timing means that this investment is closer to fraud, as only special people can profit from it. This is true. These projects are designed to make developers rich, not to make everyone rich.

[libert19]

I was burned with solana memecoins couple times before, but reading stories of people printing there, decided to try again, and invested in one just few hours ago, and it's —80% right now. It was not much money, so no bother but they are still nothing more than a gamble.

There are people, who snipe each meme token that comes across, they are the only ones who make money in this (You can use solearlytrending telegram bot to snipe tokens early.), to snipe many you will require a decent capital of course. You must also take profits, because some of them may give few x and die out soon after but remember to keep moonbag in case you hit the jackpot.

[gunhell16]

This bull run that we are facing now is actually a lot of people who are really taking risks to stockpile meme coins that will suddenly pump the price in the market by more than 100x their capital or more. That's probably why Solana also overtook Bnb in the top 4 and Bnb became the top 5 in its ranking in the market today.

Even now, I'm hunting for potential meme coins on the Solana network, actually using Dexscreener, Defillama, because this year alone there are several meme coins that succeeded in the market using the Sol blockchain. And it looks like it will increase even more.

[vegasus]

I remember when I first got into crypto, the advice was always the same: “Avoid memecoins they’re just gambling.” And for a while, that made sense. But lately, I’ve been wondering if that old rule still holds up.

This advice is still very valid, especially for beginners in cryptocurrency, it is better to prevent than to lose a lot of money because of their ignorance. New meme coins are indeed more like gambling because we don't even know which ones have the potential to rise, especially most of them are because of hype, so, as a beginner, don't get caught up in FOMO in meme coins.

But, this rule may be different for those who already have more insight and experience in crypto, and for those who want to take bigger risks by studying and analyzing first to find ways to take profits from the hype of meme coins.

I’m curious what others think about this whole wave of Solana memecoins. Are they just another trend, or is there actually a strategy here? Are the big winners just lucky, or is there a method to the madness?

Basically, this will be the same as meme coins from any network, be it Solana, Ethereum, BSC, or TON Network. all of them exist because of the current trend and hype. and now most of the meme coins are trending on Solana. And for those who are high risk takers and want to dig deeper into meme coins, it might give high profits, yes, high returns ([profits) - high risks, this rule will always apply. so, you really have to be that careful and precise in taking steps. especially meme coins are more suitable for short term

[enwi]

There is a rise in the memecoins or Solana memecoins wave, but this does not mean that investing in memecoin is good or will make you profits. In the past, the talk was about Bitcoin, Ethereum, or Doge, but what investors are talking about now is that memecoins make profits. But when you ask them which memecoins are the best, you will get hundreds of answers, and certainly all of them are bad investments except at certain times, but the outcome of the memecoins market is positive.

The new memecoin model has gained widespread interest from many investors, but not all the memecoins should be considered as something that can be relied upon well into the future. In such a state of affairs, careful selection and risk analysis is an important stage, so that investments would not turn into losses. Naturally, the memecoin market can also make a profit at certain times, but flimsiness increases our risk recognition as well. It is not impossible to capitalise on this trend if we adopt the right approach other issues while strengthening security of the portfolio as a whole.

[TomPluz]

In memecoin in order to be successful, there is that need to perfectly made the right pick right when they are starting, otherwise you can fail. The idea is still gambling at least in 50% of its nature because it would be so hard to pinpoint which of the so many new sprouting everywhere can be the one to make it to the top. Remember this: we only realize that a memecoin is hitting it off when they are exploding. For those who are lucky enough to get one that is successful, good for them but am sure that there are also so many out there who are holding useless and valueless memecoins and they are just silent not making any complain because they made a big mistake of their pick. I am hoping that somebody can tell me a site or a personality that is good in analyzing and picking the right memecoin that will go skyrocket later on...so we can also be rich the memecoin way.

[Azharul]

I remember when I first got into crypto, the advice was always the same: “Avoid memecoins they’re just gambling.” And for a while, that made sense. But lately, I’ve been wondering if that old rule still holds up.

This advice is still very valid, especially for beginners in cryptocurrency, it is better to prevent than to lose a lot of money because of their ignorance. New meme coins are indeed more like gambling because we don't even know which ones have the potential to rise, especially most of them are because of hype, so, as a beginner, don't get caught up in FOMO in meme coins.

But, this rule may be different for those who already have more insight and experience in crypto, and for those who want to take bigger risks by studying and analyzing first to find ways to take profits from the hype of meme coins.

I’m curious what others think about this whole wave of Solana memecoins. Are they just another trend, or is there actually a strategy here? Are the big winners just lucky, or is there a method to the madness?

Basically, this will be the same as meme coins from any network, be it Solana, Ethereum, BSC, or TON Network. all of them exist because of the current trend and hype. and now most of the meme coins are trending on Solana. And for those who are high risk takers and want to dig deeper into meme coins, it might give high profits, yes, high returns ([profits) - high risks, this rule will always apply. so, you really have to be that careful and precise in taking steps. especially meme coins are more suitable for short term

I think that you also create a best comment in your post. I also believe that every meme coins could not give us huge profit in cryptocurrency market. But if we follow in cryptocurrency market we can see that some meme coins also give us best benefited. So i think that in this time solana is also a best profitable crypto in cryptocurrency market. So i am also think that if we want to invest or hold in solana currency, i believe that it will be best profitable crypto for us. Because when bitcoin price will more increase, then others crypto currency price also increase gradually.

[Bobcrypto]

I remember when I first got into crypto, the advice was always the same: “Avoid memecoins they’re just gambling.” And for a while, that made sense. But lately, I’ve been wondering if that old rule still holds up. Every day, I see new Solana memecoins launching some completely random, others cleverly tied to trending topics—and people are out here posting wild gains.

I've never been of the opinion that meme coins are of zero profitability because they literally wouldn't exist in the first place if they were. The problem with meme coins is the risk involved especially with those that engage in them based on trending hype at that moment.
Meme coins constitute one of the shortest term investments with one of the highest risk margin and in addition large profit margin too based on your capital. Many persons who lose to meme coins do so because they lack the right information and timing to execute either buy or sell as the case may be.

There are actually memecoins that has come of age on the crypto space. infacts, these old meme coins are still performing great. Check-out Coinmarketcap about Dogecoin, pepe, shibainu, these Memecoins are still waxing stronger, with huge trading volumes and strong marketcaps. It is obvious that these coins have all beaten the Short term investment thoughts by many people.
In addition, there are some Meme coins launched out there regularly, some for the short term, while some of them could be categorized as pumps and dump memes. A good research is therefore necessary to ascertain a good knowledge of the team behind these projects; the future plans of these meme projects, which includes marketing, promotions, developments and upgrades etc.

[hugeblack]

The new memecoin model has gained widespread interest from many investors, but not all the memecoins should be considered as something that can be relied upon well into the future.

True, but the chances of profit are slim compared to the risks. It is not what is being promoted. It is an easy way to earn millions. How can memecoin make you rich or make thousands of dollars in profits from small investments or some tasks?

[bitterguy28]

The new memecoin model has gained widespread interest from many investors, but not all the memecoins should be considered as something that can be relied upon well into the future.

True, but the chances of profit are slim compared to the risks. It is not what is being promoted. It is an easy way to earn millions. How can memecoin make you rich or make thousands of dollars in profits from small investments or some tasks?

the amount of memecoins these days make it impossible for any project to breakthrough anymore because the community's attention is divided focusing on different memecoins all at the same time and it is difficult now to single out the best possible memecoin out of so many you can earn some significant profit but will you be a millionaire? probably not if you do then the memecoin would have probably done so good which again does not happent that common nowadays

[Daisylord]

I remember when I first got into crypto, the advice was always the same: “Avoid memecoins they’re just gambling.” And for a while, that made sense. But lately, I’ve been wondering if that old rule still holds up.

This advice is still very valid, especially for beginners in cryptocurrency, it is better to prevent than to lose a lot of money because of their ignorance. New meme coins are indeed more like gambling because we don't even know which ones have the potential to rise, especially most of them are because of hype, so, as a beginner, don't get caught up in FOMO in meme coins.

But, this rule may be different for those who already have more insight and experience in crypto, and for those who want to take bigger risks by studying and analyzing first to find ways to take profits from the hype of meme coins.

I’m curious what others think about this whole wave of Solana memecoins. Are they just another trend, or is there actually a strategy here? Are the big winners just lucky, or is there a method to the madness?

Basically, this will be the same as meme coins from any network, be it Solana, Ethereum, BSC, or TON Network. all of them exist because of the current trend and hype. and now most of the meme coins are trending on Solana. And for those who are high risk takers and want to dig deeper into meme coins, it might give high profits, yes, high returns ([profits) - high risks, this rule will always apply. so, you really have to be that careful and precise in taking steps. especially meme coins are more suitable for short term

I think that you also create a best comment in your post. I also believe that every meme coins could not give us huge profit in cryptocurrency market. But if we follow in cryptocurrency market we can see that some meme coins also give us best benefited. So i think that in this time solana is also a best profitable crypto in cryptocurrency market. So i am also think that if we want to invest or hold in solana currency, i believe that it will be best profitable crypto for us. Because when bitcoin price will more increase, then others crypto currency price also increase gradually.

Yah, I get what you’re saying, most meme coins are hype-driven, but a few can surprise us. As for Solana, I agree it’s been one of the strongest performers lately. It’s not just riding Bitcoin’s wave but also standing out with its ecosystem and real use cases. If BTC pumps, sure, SOL could follow, but I think SOL’s momentum comes from more than just market trends. Worth keeping on the radar, for sure