X @Unipcs (aka 'Bonk Guy') 🎒

Investment Analysis - An investor purchased $1 million worth of a Solana meme coin named "useless" [1] - The meme coin's market capitalization was $400 million at the time of purchase [1] - The meme coin's market capitalization decreased to $150 million [1] - The investor experienced a loss exceeding $600 thousand [1] Risk Assessment - The investment in a meme coin named "useless" highlights the high-risk nature of such assets [1] - The rapid decline in market capitalization demonstrates the potential for significant losses in meme coin investments [1]