Luck or Secret? Memecoin Investor Doubled His Money by 385

A memecoin investor increased his capital by 385 in just a few days.

A memecoin called DADDY designed for Andrew Tate in the Solana ecosystem hit the market a few days ago.

Hundreds of thousands won

According to the post of blockchain analysis platform Lookonchain, a trader withdrew 4.86 Solana ($780) from FixedFloat in order to buy DADDY.

Five days ago, the investor bought 3.71 million DADDY, spending only 4.5 Solana ($728). Over the next three days, he sold all his DADDYs for 1,736.1 Solana (approximately $267,400). In this way, the investor doubled his money by 385.

Other memecoins did not earn

According to Lookonchain data, this investor invested in four more memecoins after making money from DADDY. These were DJT, FatNigga, FTRISTAN and Donatella. But he didn't make any money from any of this.

The Lookonchain team said it is possible that this investor may have gotten lucky or had insider information about DADDY.

Insider trading claims

According to Bubblemaps' statements, people with insider information about DADDY earned tens of millions of dollars. Allegedly, several addresses purchased 20% of the total DADDY supply before Andrew Tate started posting about DADDY.