The Web3 world is not short on quick opportunities, but caution is always required. This time, I entered the ITRUMP token on the Solana network with only $400
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The Web3 world offers no shortage of quick opportunities, but it's crucial to approach them with caution. This time, I decided to test the ITRUMP token on the Solana network with only $400. To my surprise, I managed to make $4,500 in just 10 hours.
Here's how it unfolded:
The token quickly began to attract liquidity, and by the early hours, whale trades appeared, pushing the price up noticeably. I kept an eye on the trading volume via DEXTools and Birdeye, confirming that there was good momentum to capitalize on.
My Strategy:
* I entered with a small amount that wouldn't affect my core capital.
* I tracked liquidity and real-time trades closely.
* I set a clear exit plan.
* I gradually exited with part of the profits before the price went down quickly.
Despite this quick profit, it's not to say that the token is safe. At any moment, the market can shift completely.
It's essential to do your due diligence before entering any token. Make sure to:
* Examine the smart contract.
* Check liquidity and major wallet movements.
A Useful Tool: You can use Gecko*…*Terminal to monitor liquidity and trades moment by moment.
Have you tried speculating on Web3 tokens before? Share your experience in the comments!
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