How a Trader Turned $16 into $3 Million
The story began on October 31. Then the address "6r3W" on Solana$SOL decided to bet on the memecoin $PNUT , which had just appeared on the pump.fun platform. The user invested $16.20. At that time, the capitalization of Peanut the Squirrel did not exceed $10 thousand. Two weeks later, the "meme" coin made a powerful leap. One of the main factors for this was the listing of the token on the world's largest crypto exchange Binance. Against the backdrop of the news, the price of PNUT soared by almost 300% in a day, and the capitalization exceeded $500 million.
Instead of selling all the tokens at once, the trader began to gradually fix the profit. Within three days, the wallet "6r3W" sold all the Peanut the Squirrel tokens on it. During this time, the market value of PNUT reached $2 billion.
As a result, the total user profit was $3 million. $CLV