Solana-Based Memecoins Gain Again! A Trader Made 3329 Percent Profit in Just Four Days! Here's the Altcoin He Chose and the Trades He Made!
As memecoins continue to make their mark in 2024, investors have shown great interest, especially in Solana- based memecoins.
At this point, SOL-based memecoins have made huge money for investors, while another investor earned millions of dollars in four days.
According to Lookonchain's post, he
invested in the Solana-based memecoin Goatseus Maximus (GOAT), turning $727 into $2.42 million in just 4 days, making a significant gain of
3329%.
Accordingly, an investor spent 5 SOL worth just $727 to buy 15.15 million GOAT. GOAT then saw a huge price increase, allowing the investor to make a profit of 3329% in just four days.
After the rally, this trader sold 5.7 million GOAT tokens for 5949 SOL ($930,000) while still holding 9.4 million GOAT worth $1.4 million. If the trader were to sell the remaining GOAT tokens, his total profit would be $2.4 million.