Trader Jelitics dumps all memecoins after losing over $1M on 12 Solana tokens
- —Jelitics closed out all of his memecoin positions
- —All 12 Solana token trades were unprofitable
- —Total losses topped $1 million
Why it matters: Another case of retail traders bleeding money on Solana memecoins, underscoring the risks in the sector.
Source: PANews