NAIROBI (CoinChapter.com) – On Aug. 1, a trader pulled off an astonishing 94-fold return by trading the Solana-based memecoin, CTO. Lookonchain highlighted this incredible achievement, where the investor acquired 256.8 million CTO tokens for just 50 SOL, valued at about $8,500. In one hour, the trader managed to sell 227.67 million CTO tokens, securing a profit of approximately $800,000.