One Only Invested$ 200K on a Solana Priority Fee—It Didn’t Stop Well

A Solana user paid a$ 200, 000 priority fee to be among the first to buy a new meme coin, only to sell minutes later for an$ 89, 000 loss—and that’s besides eating the hefty fee. &nbsp,

The user, whose Solana address begins 4MyY, purchased 174 million tokens of the meme coin” AI Deborah” for$ 96, 000 or 495 SOL, but paid an additional priority fee of 1, 068 SOL ($ 207, 000 ) to have the transaction picked up quickly by validators before other interested traders. The customer sold the whole place for just under$ 8, 000 three days later. &nbsp,

The priority fee is a frequently used extra feature by post coin traders in an effort to have their transactions approved by Solana blockchain validaters before others. Although it increases economic risk, it frequently makes it possible for traders to purchase tokens at lower business caps right away after a token is released. It occasionally pays off.

User 4MyY attempted to do the same item using the Bloom Bot, a Telegram-based trading app that enables users to individually adjust their goal fee and other settings before trading. Using the 1, 068 Solar focus fee, the customer was able to get one of the first 10 payments of the key, and nabbed more than 17 % of the AI Deborah source, according to statistics from DexScreener.

Although many users on X ( previously Twitter ) speculated that this might have been a “fat finger” error or an unintentional error, pseudonymous Bloom Bot owner Traian told the user manually set the fee and had the maximum tip set even higher, which suggested it was a deliberate action.

The system’s owner used significant priority charges on X to promote another well-known trades. For example, one person recently paid a$ 58, 000 focus cost to buy image gold CATG directly after release.

Not all memorandum gold deals demand high focus fees. For reference, competing video gold investing system Photon defaults its person settings to a 0.001 Solar goal fee, just$ 0.19. &nbsp,

Although paying a higher priority charge to savvy traders can cause significant losses, it can also cause significant gains. After sniping the launch of token HTERM earlier this week, the same user who lost more than$ 200,000 on AI Deborah managed to make a gain of more than$ 1.3 million. &nbsp,

Meme gold trading has recently become more common, as demonstrated by the joke coin launchpad Pump. Fun that more than 70 % of key debuts on the Solana cryptocurrency took place last trip. Some image cash today sit within the top 100 most important bitcoin, ranked by market cover.

Buying image cash, or tokens usually based on jokes or pop culture recommendations, is inherently dangerous. These coins frequently have a higher volatility than more well-established or useful foe coins, and image coins can go from strength to a minimal as well.

Meme gold traders aim to rack up more win than losses, as this one seemingly did with their most recent professions, despite the apparent misplay.