A meme coin trader on the Solana chain turned $296 into $620,000 in just 4 hours, with a return rate of 2090 times
By: blockbeats|2024/10/22 06:50:52
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BlockBeats news, on October 21, according to Lookonchain monitoring, a meme coin trader on the Solana chain turned $296 into $620,000 in just 4 hours, with a return rate of 2,090 times.
He spent 1.76 SOL ($296) to buy 38.17 million slop and sold 29.78 million slop in exchange for 24.12 million SOL ($405,000), leaving 8.39 million slop.
The trader traded more than 150 meme coins with a winning rate of only 21.19%, but the gains from slop alone recovered all previous losses.
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