The person who bought and sold meme coins on the Solana network earned 200 thousand dollars in 5 minutes
While trades made on #meme coins issued on the Solana network were the subject of discussion during the 2024 bull season, an investor managed to earn 1238 SOL, worth 200 thousand dollars, from a meme coin in which he invested only 9 SOL. This person made 137 times profit in 5 minutes.
The Solana-meme coin craze, which started with #BONK in November 2023 and then reached another dimension with #WIF , continues at the same pace whether the market is falling or rising.
An investor trading on the Solana network started the transaction by depositing only 9 SOL tokens (approximately 1470 dollars) and earned him a small fortune in 5 minutes. This person bought 28.5 million TOBI tokens with 9 SOL. After the TOBI price rose sharply, the investor, who sold in 5 minutes, sold all the tokens and increased the total of 9 SOL tokens to 1238.
While such gains have started to be seen frequently, especially in the Solana network, it was noteworthy that many traders made purchases in the seconds when the project team loaded liquidity. This was the biggest indication that insider information was obtained.
