A trader made a profit of 4,721 SOL through CTO within 1 hour, with a return of 94 times

Golden Finance reported that according to Lookonchain monitoring, a trader earned 4,721 SOL (about $802,500) on CTO in just one hour, with a return of 94 times. Raydium launched the MEME coin CTO on makenow.meme an hour ago. The trader spent 50 SOL (about $8,500) to buy 256.8 million CTOs, and was the third address to buy CTO. He then sold 227.67 million CTOs at a price of 4,771 SOL (about $811,000), realizing a profit of 4,721 SOL (about $802,500). In addition, the trader earned 612 SOL (about $104,000) on PFI 11 hours ago with only 20 SOL (about $3,400), with a return of 30 times.