ALT Coin season began...๐
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A savvy cryptocurrency trader profited more than $9 million on his initial altcoin investment, showcasing the potential of memecoin trading.
The trader made a 3,000-fold return on his investment in the Solana-based Numogram (GNON) token, a low-market capitalization memecoin launched on Oct. 17.
The trade was flagged by onchain intelligence firm Lookonchain in an Oct. 20 X post:
โThis guy turned $3K into $9M in just 3 days, a 3,000x return! He spent only $3K to buy 56M $GNON via 3 wallets and sold a small part.โ