A mysterious trader became a millionaire with successful transactions that produced memecoins.
Onchain analysis platform Lookonchain attracted attention by sharing the information of a mysterious trader. The trader, who was chasing new opportunities on the Solana network, made eight successful transactions in less than two months. The trader, who earned $ 1 million as a result of these transactions, sat in memecoin groups.
The high profits produced by memecoin continue An investor registered as “sundayfunday.sol” on the chain increased his 72,000 room investment by 30 million in just three days by trading in little-known memecoins. According to Lookonchain's sharing, a cryptocurrency investor in the market made a 144-fold profit by holding a little-known token. Later, he managed to record approximately $ 8,600 over $ 1.26 million.
The trader's gain came just after another crypto investor had sold 500 #SOL tokens in a newly introduced memecoin, rising to around 67,000 5,789 SOL.
Sui ecosystem steps up The memecoin frenzy that continues at full speed in the Solana ecosystem has slowly begun to be observed in the Sui network. SUI, which exceeded $2 on October 8, brought movement to the cryptocurrencies in its ecosystem. However, some of the volume growth in this area is still in Solana.
The memecoins that stand out in the Sui ecosystem at the moment are SUDENG and BLUB. #SUDENG has a market value of $150 million, while #BLUBN has a market value of $50 million. Depending on the price movements in Sui, movement in the cryptocurrencies in the ecosystem may continue.
