How to Turn $700 Into $1.1 Million Trading Meme Coins

TL;DR

Meme coin trading success came from roughly 10 to 16 hour days spent studying newly launched coins on Photon and later Pump Fun, judging each one by a single question: how much attention can it get. The trader turned $700 into $1.1 million between March and August, and once made about $500,000 in 10 to 20 minutes by sniping the first transaction on a pre-sale coin.

Transcript

Today's guest turned $700 into over a million simply by trading meme coins. There will never be anything easier to make money online than meme coins. Where are you going to go turn a,000 into 100,000 in an hour? At the casino. A former pro Fortnite player, he's built a cult-like following. Known for his ability to predict the markets, spot trends e... Read More

Key Insights

• The core evaluation question for any meme coin is how much attention it can get. Orangie says his thought process every single time is how viral the coin can go, not fundamentals, and that this single filter drives his buy decisions.
• Market volume, not the concept, determines meme coin profitability. Orangie says a coin he traded on the day of the interview looked good, but low volume forced him to exit far earlier than he would have three or four months earlier.
• Turning $700 into $1.1 million took roughly five months of daily grinding, from March of last year through August. Orangie describes it as really slow at first, until it wasn't, with 10, 12, and 16 hour days spent studying coins.
• Pump Fun made meme coin trading easier by removing the risk of liquidity being pulled. Before it existed, traders on Photon had to worry about rug pulls and liquidity disappearing, which meant evaluating far more risk factors per coin.
• Pump Fun did not eliminate rug pulls entirely. Orangie explains you cannot pull the liquidity pool, but a team can still hold 99% of supply across many wallets and sell it all at once, which he says amounts to the same outcome.
• The largest fast gain was around $500,000 in 10 to 20 minutes, achieved when a friend sniped a coin for him and they got the first transaction on it during the pre-sale meta of the slurf and boom period.
• Sniping with bots called peppermints was a short-lived opportunity that ran roughly from March to May. Orangie says the meta died very quickly and that he took advantage of it during those two months through connections at the top of the sniping game.
• The Libra token collapsed on February 14th during NFT Paris and damaged sentiment across the whole meme coin space. Orangie put $40,000 in, stepped away from his phone briefly, and returned to find the token at zero.

Questions & Answers

Q: How did Orangie turn $700 into over $1 million trading meme coins?

He started in March of last year with no real edge, saw Fortnite friends on Twitter posting their profits, and directly reached out asking people to teach him. He and his Fortnite friends learned to trade together on a site called Photon, studying lists of newly launched coins and deciding which factors justified a buy. From there it was daily grinding of 10, 12, and 16 hour days. He describes the process as really slow at first, until it wasn't, and says he made a video about it around August.

Q: What makes a good meme coin according to Orangie?

His answer is attention. He evaluates how viral a coin can go and how much attention it can end up getting, and says that is his thought process every single time. He does not describe looking at fundamentals or a project roadmap. He also notes that how big something can get depends heavily on market conditions, specifically how much volume is even in the memes at that moment, so the same idea can perform very differently depending on when it launches.

Q: Are meme coins dead now that ETH and Solana have crashed?

Orangie says no, not at all, and that the idea of meme coins is just getting started. His reasoning is that every narrative from now until the end of crypto will get tokenized, using the example that if Elon Musk gets a dog, that will forever be something that goes on the blockchain. The only thing that changes, he argues, is how much volume there is in the meme coin world. He does concede that if everything went to zero there would be no money to make, so nobody would buy them.

Q: How did Pump Fun change meme coin trading?

Before Pump Fun, Orangie traded on Photon, where he had to study a list of new coins and weigh risks like rug pulls and liquidity being pulled entirely. Pump Fun removed the ability to pull the liquidity pool, which he says made the whole game a lot easier. However, it did not remove rug risk completely: a team can still hold 99% of the supply spread across many wallets and dump it all at once. He notes there are now tools in the ecosystem that help traders avoid that specific pattern.

Q: What is the difference between a rug pull and normal extraction in a crypto project?

Orangie says they are the same thing. Historically a rug meant a team straight up pulling the liquidity, but Pump Fun changed that by making liquidity pulls impossible. What remains is supply-based extraction: the team holds the overwhelming majority of tokens across multiple wallets and sells them, which produces the same result for buyers. The interviewer describes a softer version where operators sell small amounts into green candles to extract money without tanking the chart completely, but Orangie treats both as the same category.

Q: What happened with the Libra token and why did it hurt meme coins?

The Libra collapse happened on February 14th, Valentine's Day, during NFT Paris. Orangie was on a date when his wallet tracker started going off with everyone buying the coin. He put roughly $40,000 in, stepped away briefly, and came back to find he was down $40,000 with the token at zero. He says he does not know exactly what went wrong beyond reports of miscommunication with the internal team, and assumes they held a lot of supply and sold it. The event caused a lot of bad sentiment across the meme coin space and killed a large share of meme coin volume.

Q: What does it mean to snipe a meme coin?

Sniping means running bots that attempt to buy a coin the instant it launches. Orangie says he and his friends sniped hundreds of coins using bots called peppermints. The goal is to land the first transaction on a coin, because if it then moons, the earliest buyer captures the largest gain. His biggest single result came this way: a friend sniped a coin for him during the pre-sale meta of the slurf and boom period, they got first transaction, and he made around $500,000 in 10 to 20 minutes.

Q: Is sniping still a viable meme coin strategy?

No. Orangie says the sniping meta died very quickly and was short-lived, running roughly from March through May. During those two months he took full advantage of it because he had really good connections and friends who were at the top of the sniping game. He still believes there is money to be made in meme coins generally, but not through that specific method. The bots used at the time were called peppermints, and that particular edge closed once the meta ended.

Summary & Key Takeaways

• The guest, Orangie, a former professional Fortnite player, turned $700 into over $1.1 million trading meme coins starting in March of last year through August, when he made a video about it. He got started by reaching out to Fortnite friends on Twitter who were posting profits and asking them to teach him how they were doing it.

• His daily schedule from March to December was essentially the same discipline he applied to Fortnite: wake up early, get on the computer, and stay on all day. He describes his hours as roughly 10:00 a.m. to 4:00 p.m. and then 7:00 p.m. to around 2:00 a.m., with 10, 12, and 16 hour days of studying coin listings.

• He argues meme coins are not finished even with ETH down 60% from its all-time high and Solana down 50%. His view is that every narrative will eventually get tokenized, and that market conditions only change how much volume exists, not whether meme coins exist. The Libra event on February 14th damaged sentiment, and he personally lost $40,000 on it.