In the world of cryptocurrency, there is one trader who is having fun on the Solana blockchain and his trading results over the past 11 days are nothing short of legendary. According to LookOnChain, this trader made a profit of up to 77,700 USD with 27 meme tokens. Behind this profit is accurate judgment and decisive decision making with a win rate of 78%.
Since the end of last year, the appeal of meme coin has been growing, with investors flocking in with the hope of getting rich overnight. However, at the beginning of the new year, the market trend seems to have changed. The once popular Solana meme token BONK is currently in trouble, its price has been steadily decreasing since the end of last year and has now entered negative territory. Among the many meme coins, Dogecoin (DOGE) still maintains its leading position. Even though the price has dropped over the past seven days, its $13 billion market capitalization still dominates the crowd. Another major meme token, Shiba Inu (SHIB), is down 2.61% over the past 24 hours, although it has increased slightly over the past seven days.
The world of cryptocurrency is unpredictable and investors need to stay vigilant. And this trader shining on Solana could be the spark of certainty we are looking for in this market full of unknowns.