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There is a german Youtuber, going into online scams and the shady methods of earning money.
He made a video about meme coin Trading on SOL some days ago. What he mentioned is:
  • It cost a creator around 500 Dollar to create a coin on SOL
  • A lot of them get rugpulled at around 750 k to 1.5 Million or in the first 10 minutes
  • Scammers take around 50 Million USD on SOL every day by creating MEME COINS
Example Coin "4":