An unknown trader earned $1.28 million on the meme token FAI in just two days. This caught the attention of Lookonchain analysts.$XRP $XLM $ADA

On November 27, he spent 4.2 ETH (about $15,300) to purchase 253.63 million FAI.

In the next two days, he sold 91.8 million FAI in parts for 106.2 ETH (approximately $384,000), leaving 161.8 million FAI worth $911,000 in his wallet.

Thus, analysts estimated his total profit (including paper profit) at $1.28 million.

Recall that in September, an unknown investor spent $815 in SOL to purchase 30.1 million meme coins MOODENG. After 17 days, the value of the assets rose to $9.4 million.

In October, a trader turned $727 into $2.42 million on the meme token GOAT in four days.

According to billionaire Mark Cuban, all meme tokens are potentially a "long" rug pull scam.