As the cryptocurrency industry matures and institutional adoption increases, digital assets, although still volatile, and slowly moving toward being more akin to traditional, buy-and-hold investments.
One subsection of the industry, however, is still prone to incredible amounts of volatility, which can see relatively small investments turn into fortunes overnight — or even in the span of a couple of hours. The subsection in question is, to little surprise, meme coins.
In one such instance, a savvy trader loaded up on millions of Kekius Maximus (KM), purchased for just a little over $4,000. Quite soon, the trade paid off — in a big and unexpected way.
Per data retrieved by crypto Wolf from Solscan on December 31, the account in question made two transactions, roughly 12 hours before the time of publication.
The first saw the purchase of 9.9 million KM worth $2,246 at the time, while the second trade was slightly smaller, encompassing the acquisition of 8.2 million Kekius Maximus for $2,566. All in all, the trader spent $4,360 to purchase 18.15 million KM tokens. 
Source: Solscan
