In a remarkable turn of events, a savvy crypto trader turned a $3,000 investment into a whopping $9 million in just three days. Their success came from capitalizing on the massive price surge of Numogram ($GNON), a new memecoin built on the Solana platform. Thanks to the explosion in value, the trader made a whopping 3,000 times their initial investment.
đ„ Transaction Progress Details
The mysterious trader purchased 56 million $GNON tokens across multiple wallets at the time of the coinâs release on October 17. As the value of $GNON began to surge, they quickly sold a portion of their holdings in stages, ensuring maximum profit.
According to a report from Lookonchain â a company that analyzes blockchain activity â the transaction has become one of the most profitable memecoin deals this year.
đ Memecoin: The Millionaire Maker?
While memecoins donât have many practical applications, their high volatility has turned enterprising investors into millionaires after a sharp price increase. Earlier this year, another trader turned a $3,000 investment into $46 million thanks to the Pepe Coin (PEPE) hype.