Oddbean new post about | logout
 Here's the cold hard data about memecoins:

• 60% of traders LOSE money
• 4.7% break even
• 24% make less than $100
• 11.2% make more than $100
• 3% crack $1,000
• Only 0.5% hit $10,000+

Look closely — 90% of traders either lose money or make less than $100.

Any wonder the public see it as a scam