Investor Made 12x Profit in 8 Days on Meme Coin Criticized by Vitalik Buterin!

An investor made 12x in just 1 week on the meme coin, which Ethereum founder Vitalik Buterin has criticized heavily.

On-chain data and analysis account Lookonchain, in its post on its Twitter account on June 6, included transactions in which an investor made a high profit.

The investor in question had made a large purchase in MOTHER, the meme coin launched by rapper Iggy Azalea, who was criticized by Vitalik Buterin yesterday. The investor, who made the purchase in the last days of last month, increased his 777 thousand dollars to 9.4 million dollars within 8 days.

From May 29 to June 1, the trader spent $777,000 to purchase a total of 50.35 million MOTHER. The investor, who has not made any sales so far, holds MOTHER worth $9.4 million.

The investor, who has realized everyone's dream in the cryptocurrency market in a short time, is positioned to have achieved a return rate of 1,110%.

On the other hand, some whales continue to buy Solana (SOL)-based meme coin MOTHER. A whale withdrew 8,943 SOLs worth $1.54 million and bought 8.6 million Mother Iggy (MOTHER) at $0.1789 with all of those assets.

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