Memecoin Hunter Earns $41 Million from Three Projects

Solana user Paulo.sol earned a total of $41.38 million with his memecoin investments. Details about WIF, BONK and Boden investments are here.

According to Solscan data, the investor named paulo.sol sold all dogwifhat (WIF) tokens in his wallet today. The price of these was $3.7 each. He received 11 thousand 708 SOL ($2 million) in exchange for 539 thousand 558 WIF. Thanks to WIF, he earned a total of $24.1 million.

Dogwifhat, along with other dog-themed tokens, had one of the best performances of the week. WIF price rose more than 30% in seven days. WIF is close to the $4.83 record it broke in March.

Paulo.sol bought dogwifhat on December 4, 2023, when the price first started to rise, although not immediately after it entered the market.

This name has also invested in other memecoins such as BONK and Boden in the past. Paulo.sol noticed that the BONK price had risen on November 11, 2023, and bought it and subsequently sold it, earning $6.28 million. The investor invested in Boden for the first time on March 6 and earned 11 million dollars.

BONK, Solana's first dog-themed memecoin, was launched in December 2022 and broke the price record at $0.00004547 in March 2024.