Popcat (SOL) (POPCAT)

According to Wu, former Pump Fun employee @shaams initiated an AMA describing his assets plummeting from $45 million to $17,000. He initially amassed huge wealth by betting on POPCAT, WIF, and Pump employee stock options. However, after the market weakened in late summer 2025, heavy leveraged long positions on altcoins and blind chasing of highs caused his wealth to evaporate quickly. He admitted that, because his goal was $100 million, the $45 million was never withdrawn, remaining only on paper. Currently his account holds only $17,000 and carries $1,500 of debt.
https://t.co/GOJqQbaPyd

How to lose $44 million in a year

→ @shaams started in 2024 with roughly $100k
→ Put 20% into $POPCAT
→ $POPCAT reached 350x at peak
→ Did 48x on $WIF
→ Joined @pumpfun during memecoin boom
→ Received early investment and equity
→ $PUMP TGE turned equity into 8 figures
→ $TRUMP became another major winner
→ Portfolio peaked at $45 million
→ Refused to derisk during market slowdown
→ October 10, 2025 accelerated the collapse
→ Lost heavily on leveraged altcoin trades
→ Repeatedly bought tops of memecoins
→ Sold all unlocked pump fun equity
→ Forfeited remaining locked equity later
→ Net worth fell from $45M to $17,200
→ More than $44,980,000 wiped out