Solana Meme Coin Gained 1.6 Million Dollars in Less Than 1 Day!

One of the most remarkable meme coins in recent days made crypto investors earn more than a million dollars in a short time. According to the data provided by the on-chain analysis platform Lookonchain, a crypto investor got rich quickly thanks to a meme coin based on Solana (SOL) called cat in a dogs world (MEW). The data revealed that the said investor made purchases worth 2 million dollars shortly after MEW was released to the market. The same investor took advantage of the rising prices in less than 1 day and sold their entire MEW balance. With this sale, they earned 1.6 million dollars. The investor’s profit had risen to 4 million dollars at one point, but they had to settle for the 1.6 million dollar profit as they failed to sell at the peak. MEW, which has only been on the market for 2 days, made many investors […]

Solana Meme Coin Gained 1.6 Million Dollars in Less Than 1 Day!

One of the most remarkable meme coins in recent days made crypto investors earn more than a million dollars in a short time.

According to the data provided by the on-chain analysis platform Lookonchain, a crypto investor got rich quickly thanks to a meme coin based on Solana (SOL) called cat in a dogs world (MEW).

The data revealed that the said investor made purchases worth 2 million dollars shortly after MEW was released to the market.

The same investor took advantage of the rising prices in less than 1 day and sold their entire MEW balance. With this sale, they earned 1.6 million dollars.

The investor’s profit had risen to 4 million dollars at one point, but they had to settle for the 1.6 million dollar profit as they failed to sell at the peak.

MEW, which has only been on the market for 2 days, made many investors rich while causing others to suffer losses in the hundreds of thousands of dollars.

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