Solana trader turned 3 SOL into $250,000 in less than 24 hours, method exposed
Not long ago, the crypto world witnessed a remarkable feat when an investor turned a small investment of $242 into a staggering $250,000 in less than 24 hours.
This impressive return on investment demonstrates the power of the crypto market and why meme coins should not be ignored by expertly operating in newly launched Solana meme-based token MELON.
This amazing achievement was shared by Lookonchain (@lookonchain), a blockchain analytics platform on the X platform. Lookonchain traced the origin of the investment, when the investor received 38.5 million MELON tokens.
Investors traded these tokens for 3 SOL, sowing the seeds for a harvest that turned into hundreds of thousands of dollars in a matter of hours.
a series of amazing events
Unlike one trader who missed out on a $70 million opportunity on Shiba Inu (SHIB), this investor made an insane profit. The investor made two transactions.
He purchased 21538158 MELON with 1.5 SOL in the first transaction, and then purchased an additional 16951948 MELON with another 1.5 SOL in the second transaction. With a sufficient MELON portfolio, investors are patiently waiting for the opportunity to reap returns.
As the market began to move in MELON's favor, investors began a series of well-thought-out trades. The first phase started at 9 a.m. and lasted until noon. He sold 22.5 million MELON tokens and obtained 1,562 SOL ($143,000). Even though he had just made a huge profit, investors weren't stopping.
He started the second round at 9pm and sold an additional 16 million MELON, earning $107,000. After these transactions, investors locked the final profits in two secure wallets, holding profits of $107,000 and 16 million MELON. If MELON surges again, this investor could become a millionaire.
The identity of this investor is unknown, and many in the community believe he is the developer of the MELON token. However, if these trades were made by an investor without insider knowledge, the crypto community would have to learn a lot from his methods.
This story brings to mind another investor who recently turned 1.5 SOL into $1.55 million in 16 days. The trader also invested in a new meme coin. If meme coins can maintain such impressive performance, they may be the best trading option in the upcoming bull market.
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