Just with one low cap token, he made his profit at 150x-305x š„
Let's explore how he did it šš
1/ ā£ Beginning:
Memecoins on Solana have been giving insane profits, for example $ANALOS.
But not only $SOL has gems. Just two days ago $OMNI came out, the first omni-chain meme coin to grow to x1,021
I used zerion and dex screener to analyze it.
2/ ā£ Purchasing:
This wallet bought total 293.8M $OMNI that was worth $2,246.
He most likely used some kind of sniper bot almost within the first few minutes of the contract deployment.
3/ ā£ Profits:
After the first day, the wallet started selling tokens for a staggering $686,400!
In doing so, his investment paid off in x305!
4/ ā£ Strategy:
At the moment, the token's price has dropped 65%.
The wallet competently approached profit fixing strat: he sold the first half at the top, the second half the next day.
5/ ā£ Let's summarize the results of his trades:
ā¢ Average Bought price: ~$0.000021
ā¢ Total $OMNI tokens: 293.8M
ā¢ Average selling price: ~$0.00255
ā¢ Realized PNL: $686,400.
HIS ADDRESS: 0x3E90Ecc0DAB5187BF0A169AE69326C0878fbe648