#1.
On May 21, 2024, the Lookonchain team discovered a long-term investor who managed to turn a few dozen dollars into several tens of millions. The unknown investor used $83 to purchase the meme coin PEPE. He held the tokens since 2023 and achieved a significant profit of $79 million due to the sharp increase in the cryptocurrency’s value.The trader’s incredible success sparked a debate online about who is really behind the transactions. Some in the crypto community are convinced that a simple investor without insider information could not have earned so much, while others argue that he was just lucky.
#2.
5 hours, a few dollars, and $63,000 in the pocket🚫🚨
On March 11, 2024, Lookonchain analysts reported the incredible success of a trader who turned $4 into $63,000 in just five hours by trading the meme coin BALLZ. The trader spent 0.025 Solana (SOL) to purchase BALLZ tokens and then sold them for 428.15 SOL during a significant price surge of the coin. At that time, the meme coin’s price skyrocketed by an impressive 380,000%, bringing the user $63,400.Some Lookonchain followers believe that insiders or even scammers manipulating the market might be behind such deals.
#3.
1 SOL to $2 million
On December 27, 2023, Lookonchain analysts reported on a fortunate individual who turned 1 SOL into millions of dollars, completing all operations in a total of 22 days. The user started by purchasing 43.1 million Silly Dragon (SILLY) tokens for 1 SOL. At that time, Solana’s exchange rate was $62. The trader made the transaction five minutes after the meme coin trading started.With Silly Dragon’s rise, he sold 33.34 million SILLY for $528,000. The trader's unrealized income exceeded $1.5 million, as he still held 9.76 million tokens. That is how he made 21,715x with SILLY.
