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Another Meme wealth story, but this time the on-chain data also reveals the truth behind it.
Trading address 0xf349 yesterday spent only $754 to buy 5.1 million Meme coins CZ, now worth $271k, a 357x return.
The numbers are exciting, but what's truly worth noting is the second half—over the past two months, this address has traded 260 types of tokens, with a win rate of only 31.88%, and most trades were losses.
This is the real face of Meme trading. The so-called "357x miracle" isn't about precision and insight, but about casting a wide net: buying hundreds of coins, most of which go to zero, betting that one hit occasionally covers all losses and makes a big profit. A 31.88% win rate means he loses two out of every three buys, relying entirely on such extreme hits to turn things around.
What everyone sees is always the screenshot of $754 turning into $270k, but not the other two hundred-plus trades he lost. Survivorship bias is the biggest filter in the Meme world.
The person you truly envy is backed by 260 bets and a nearly 70% failure rate. This is not a wealth formula, it's a lottery. Look at it, but don't treat it as a replicable strategy.
Wallet: 0xf3498683bead7f8d7f0278d1d39d09fe341fddee