Recently, the rise of meme coins in the cryptocurrency markets has become remarkable. These coins are created based on humor and internet culture and are generally low priced and in high supply. An investor who invested in Solana (SOL)-based meme coin projects also got his share of this wind and made a profit of $ 1.3 million with his transactions since the beginning of March.
Cryptocurrency investor earned $1.3 million with meme coin!
Recently, the rise of meme coins in the cryptocurrency markets has become remarkable. An investor who invested in Solana (SOL)-based meme coins has made a profit of $1.3 million with his transactions since the beginning of March. According to data shared by on-chain analysis platform Lookonchain, the investor made more than 350 meme coin transactions and 75% of these transactions resulted in profitability. TWTR, NOSTALGIA and Solstream were among the meme coins from which investors made the most profit.
In addition, Oracle, Solbank, DePIN AI Solana were among the coins that provided the highest profits. Finally, Solgram, PayPaw, Targaryen, and Share generated the biggest profits. The investor invested only 6 SOL in the Solana-based TWTR meme coin and quickly made a 343x profit, becoming the owner of 2,060 SOL. He made a profit of 1,230 SOL from the 300 SOL he invested in NOSTALGIA.
He made a profit of 779 SOL from the 200 SOL he invested in Solstream. This success of the investor once again reveals the high profit potential that meme coins can offer investors. However, investors also need to be aware that meme coins carry high risk. It is very important to do detailed research and consider the risks before making such investments.
Successful transactions of the investor:
- TWTR: 6 SOL investment, 2,060 SOL profit (343x)
- NOSTALGIA: 300 SOL investment, 1,230 SOL profit
- Solstream: 200 SOL investment, 779 SOL profit
Meme coins also carry risks
It is worth noting that meme coins can offer investors high profit potential, but they also carry high risk. Investors need to do detailed research before investing in meme coins. It is also recommended that investors consider the risks. As a result, an investor who invested in Solana-based meme coins made a profit of $ 1.3 million with his transactions since the beginning of March. This success demonstrates the high profit potential that meme coins can offer investors. However cryptokoin.com As we reported, investors also need to be aware that meme coins carry high risk.
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