⭐Turn nearly $600 into $1.6m, the power of memecoin helps people change their positions
⭐A trader turned $583 into $1.6 million in 20 days thanks to smart investment in meme coins on the Solana ecosystem. The success came from early purchases of two tokens: Urolithin A (URO) and Rifampicin (RIF), taking profits at the right time and leveraging the listing effect on major exchanges like Binance.
💰Strategy:
Buy 16.44 million URO with 4.35 SOL (~$768), gaining profits of 714 times.
Buy 11.84 million RIF with 1.8 SOL (~$300), taking partial profits when the market cap reaches $100 million.
💰Smart profit taking:
Sell part of RIF for $94,000, keeping the majority worth nearly $1 million.
Gradually sell URO as the price peaks, maximizing profits.
💰Binance listing effect:
Announcements from Binance have significantly pushed the prices of Solana meme coins, creating opportunities for traders.
💰Lesson:
Investing in meme coins can yield huge profits if you know:
Identify new tokens early.
Allocate capital wisely.
Closely monitor the market.
Take profits at the peak.
🔥Warning:
Despite the enormous profits, this strategy is very risky and not everyone will achieve similar results.