Beginner8 questions, 4 of them tricky

Memecoins 101: final quiz

Harder than the lesson quizzes. Pick one answer per question; you will see straight away if it was right, and why. Unsure? Go back to the lessons first.

The questions

0 of 8 answered

Question 1TrickyA coin went from $0.00001 to $0.00002. A friend says: 'It's still under a cent, it can easily hit $1.' What's wrong with that?
Question 2TrickyTwo coins called $HIPPO trend on X. One is at a $2 million market cap, the other at $40,000. A big account posts 'buy $HIPPO'. What do you check first?
Question 3Why is memecoin trading worse than zero-sum for traders as a group?
Question 4TrickyA coin you hold shows +4,000% on your screen. How much profit have you made?
Question 5A new coin had outside buys within one second of launch, and ten wallets (not counting the trading pool) hold 60% of the supply. What does that most likely mean?
Question 6TrickyEvery buy and every sell costs you 1%. You trade a coin whose price never moves, 50 buys and 50 sells. About how much of $100 is left?
Question 7What do HAWK and LIBRA have in common?
Question 8Which statement about the odds is honest?

This guide is for learning. It is not financial advice. Most memecoins go to zero and most people who trade them lose money. Only ever trade what you can afford to lose.