Trader Suffers 62% Loss After Exiting Meme Coin 'I Tama Lai' Position

KuCoinFlash

Release Time:01/15/2026 06:32:10

Summary

On-chain data shows that a trader lost 62.25% after exiting their position in the Meme coin "I Tama Lai." The trader began purchasing the coin when its market cap reached $39 million, investing a total of $99,700. After the market cap dropped below $17 million, the trader sold in batches, recovering $26,200 and still holding $11,000 worth of the coin. On-chain analysis also reveals similar losses from previous investments in Meme coins. Blockbeats warns that Meme coins are highly volatile and driven by hype, with no intrinsic value. Investors are advised to proceed with caution.

BlockBeats News, January 15, according to... GMGN Monitoring: After the Meme token "I'm Coming" (WTF) broke through a market cap of $39 million, a trader began continuous buying, accumulating a total of $99,700 in purchases. After the token's market cap dropped below $17 million, the trader started selling in batches to cut losses. So far, $26,200 has been converted back through sales, and the trader still holds $11,000 worth of "I'm Coming." Currently, the total loss reaches 62.25%.

Previously, the trader suffered losses of $63,800, $60,500, and $54,500 respectively from entering high in Meme coins "Xiu Xian," "Financial Freedom," and "Meme Rush."

BlockBeats Note: Meme coins experience significant trading volatility and largely depend on market sentiment and concept hype, without actual value or use cases. Investors should be aware of the risks.

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