Instructional Transactions of the Trader Who Missed Meme Coin: How to Make Profit?

Lookonchain included millions of dollars of profit that an investor missed by selling early.

Data transmitted by on-chain analysis platform Lookonchain revealed how an investor missed out on $2 million worth of gains by selling GME assets early.

The investor in question started buying GME on April 23 and collected 95.78 million GME worth $48 thousand at a cost of $0.0005. Shortly after, with the return of the GameStop legend Roaring Kitty, the GME price rose rapidly and when this investor reached 2 times the profit, he sold all his assets for 136 thousand dollars.

However, the GME price continued to increase rapidly, leading the investor to great regret. If he had not sold 95.78 million GME for a few more days, his profit at the peak would have been $2 million.

This investor made 20 different transactions specifically for the popular meme coin called SLERF in the past months and achieved a success rate of 50%. He was able to gain only 5 SOL from the parity he traded with a total of 800 SOL.

The same person had previously lost 300 thousand dollars from ANALOS, 50 thousand dollars from BOMO and 37 thousand dollars from NAP.