A trader invested $341 in World Cup Coin, a meme token linked to the 2026 FIFA World Cup but not officially affiliated with FIFA, shortly after its May 11 launch on Solana's Pump.fun platform. The token's market cap surged to $12.2 million by May 21, allowing the trader to realize $48,000 in gains through multiple sales during three price spikes. Despite the token's volatility and a 49% correction after the initial rallies, this trade highlights the speculative appeal of event-themed meme coins, especially with the expanded 48-team World Cup creating more opportunities for speculative trading. However, such gains are rare and risky, as many traders on Pump.fun lose money or make minimal profits.
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