Der Zug ist abgefahren :(
If a meme coin has maintained around $150k daily trading volume for 2 years while the price barely moves, there’s usually some kind of business model behind it. That doesn’t automatically mean the project is dead or a scam.
Here are the most common reasons:
- The creator earns money from trading fees
On DEXes like Raydium, every trade generates fees.
If the developer:
- owns a large portion of the liquidity,
- or controls the LP tokens,
they can earn money from every trade.
Example:
- $150k daily volume
- ~0.25% trading fees
That equals:
- around $375 per day
- → over $11,000 per month
Even without a major price pump.
---
- The coin becomes a “trading playground”
Some meme coins survive not because of utility, but because:
- bots trade them,
- people scalp trade,
- volatility attracts gamblers,
- communities treat it like a casino.
In that case, the coin functions more like a speculative trading environment.
---
- The creator still holds large amounts of tokens
If the developer:
- received billions of tokens early,
- and slowly sells small amounts over time,
they can continuously extract money without completely crashing the chart.
This is often called:
- slow bleeding
- controlled dumping
As a result:
- the coin stays “alive,”
- but the price barely increases.