Solana Trader Sells All Meme Coin Holdings After Losses Exceed $1 Million

Jelitics sold every meme coin holding after trades in 12 Solana-based tokens produced losses exceeding $1 million. Trades in all 12 tokens ended in losses, leaving Jelitics with a 0% win rate across those tokens. The combined losses were greater than $1 million. Jelitics has since sold all meme coin positions. A separate case on Sept. 5 involved about $907,000 in losses across two meme coin trades in one day. Jelitics’ losses spanned 12 tokens; the Sept. 5 case involved two meme coin trades. Enna Lee reports on investing and digital-asset markets for TokenPost. Send corrections or tips to info@tokenpost.com.

Source: TokenPost