According to Odaily, a trader created a new wallet for trading Meme coins 19 hours ago and has since traded 12 different types of Meme coins. The trader has achieved a success rate of 83%, earning over $2.5 million in profits. A significant portion of these profits came from trading RNT, where the trader saw a 957-fold return on investment.
The trader spent 15.8 SOL (equivalent to $2558) to purchase 36.77 million RNT. Later, the trader sold 606,000 RNT for 165 SOL (equivalent to $26,800). The trader still holds 36.17 million RNT, valued at $2.4 million, bringing the total profit to over $2.4 million.