Hello!
Yesterday I wrote a post saying that the launch of the $TRUMP token can be harmful to the addition of a Bitocoin strategic reserve for the United States of America. I just hope that the $TRUMP token doesn't rug pull fast and we are able to have a full bull market this 2025.
I was bored and I was thinking in taking profit of the high volumes this kind of memecoins have. After some thought I decided to test it out with my own funds. I converted approx $1,500 to SOL and joined the Meteora pool for TRUMP/SOL.
It's important to note that I am testing the Meteora's Dynamic Liquidity Market Maker (DLMM) which gives LPs access to dynamic fees and precise liquidity concentration all in real-time.
But, what's the meaning of that?
This means that I am adding liquidity but I'm concentrating the liquidity among 1 particular range of the pool.
Here are the numbers so far from 5 hours ago:
$90 dollars in fees so far. But I will be able to make a profit from this? We will see.
Here is the range I've chosen for the concentrated liquidity. So far, I've nailed it considering I added the pool in the blue circle of the next image:
I hope this range holds for as long as possible and I will be earning some fees.
I hope you have a great day!