Among the 375,740 users who participated in Meme coin trading on the Robinhood Chain FOMO platform since its launch, 95.2% experienced losses or profits below $100. Only 229 users profited over $10,000, accounting for 0.06%, 653 users profited over $5,000, accounting for 0.17%.

This data reflects a high concentration of profits in Meme coin trading, with most retail participants failing to achieve significant gains.

That’s not trading. It’s gambling.

submitted by /u/ruby-cos [link] [comments]

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