- A trader invested 0.2 $SOL ($29) in $MBAPPE MEMEcoin.
- Sold it 3 minutes later for 866.13 $SOL ($125.16K), marking a 4,330x return.
- Over the past month, the trader has been dabbling in 251 MEMEcoins.
- He achieved a 35.46% win rate, with total earnings of $126.7K.
Betting on MEMEcoins Pays Off
Lookonchain reported, The world of MEMEcoins, with its high risk and high reward, has been in the spotlight recently. One trader’s recent win epitomizes this rollercoaster journey. The trader, who has been buying MEMEcoins almost like buying lottery tickets, finally hit a massive jackpot.
This individual spent 0.2 $SOL, equivalent to around $29, to buy $MBAPPE MEMEcoin. In a surprising turn of events, just three minutes later, he managed to sell that small investment for a staggering 866.13 $SOL, which amounts to a massive $125,160. This jaw-dropping trade yielded a return of 4,330x on his initial investment.
The Method Behind the Madness
While this particular win is attention-grabbing, it isn’t an isolated case for this trader. Over the past month, he has been consistently trying his luck in the MEMEcoin space, executing 251 trades. He has kept his investments small, typically wagering 0.1 $SOL, 0.2 $SOL, or 0.3 $SOL per trade.
Despite the inherent volatility and unpredictability of MEMEcoins, the trader has maintained a win rate of 35.46%. With such a strategy, even a modest win rate can yield extraordinary results when combined with the occasional colossal victory. As a result, his total profit over the past month stands at $126.7K.
