Lucky Memecoin Investor Turns $1,000 Into $400,000 With Justin Sun’s Move
An investor who caught an opportunity on the Justin Sun-backed SunPump platform made more than 400 times their return in a matter of days.
The memecoin platform called SunPump, which is a competitor to Tron’s Pump.fun platform on Solana, has gained momentum rapidly since its launch on August 7. According to Dune data, SunPump has generated more than 10.5 million TRX and enabled the creation of more than 25,000 tokens.
He made $400,000
According to data from blockchain analytics firm Arkham Intelligence, a trader made $400,000 by investing in a memecoin called SUNWUKONG on SunPump.
This investor bought $999.9 worth of SUNWUKONG two days before the bonding curve passed.
Tron founder Justin Sun, who also supports the SunPump platform, changed his profile photo on the X platform to the Sun Wukong character.
SUNWUKONG, inspired by the Black Myth: Wukong game, gained value rapidly after Sun's move. The value of the tokens held by the investor increased to $403,187.
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