A user with the address sundayfunday.sol earned about $2.26 million on the new 1DOL token. This was noticed by Lookonchain analysts.
sundayfunday.sol turned 13 $SOL($2,275) to $2.26M in just 8 hours by buying #1DOL, a gain of 993x!
sundayfunday.sol is a legend!
He is the largest pre-sale participant of $BOME, spending 421 $SOL($72K) to participate in the pre-sale and received 1.43B $BOME($40M at peak).
Then… pic.twitter.com/4zYtCcP5Yi
The trader spent 13 SOL ($2,275) to buy 242 million 1DOL. After 8 hours, they were estimated at $2.26 million. According to analysts, the token has risen in price 993 times.
Before that, the same address became the largest participant in the BOME presale. The user spent 421 SOL ($72,000) and received 1.43 billion BOME (about $40 million at the peak).
He sold 530 million BOME for 38,305 SOL ($7.66 million). At the moment, the investor holds 894 million BOME worth about $ 10.5 million, remaining the largest hodler of the token.
Earlier, another trader earned $46 million on PEPE against the background of the memcoin updating the historical maximum. He invested $3,000 in the asset about a year ago. During this time, the value of the meme token has increased by 15,718 times.
In May, Lookonchain experts told how an investor turned 60 SOL (~$8,700) into $1.26 million on HAMMY in two months.
In April, they discovered a trader who had earned more than $26 million trading meme tokens in a few months. Another user made a profit of $1.5 million on seven coins.
Recall that despite fears of a bubble in the memcoin segment and the skeptical attitude of some experts towards them, Synthetix founder Kane Warwick called this type of coin a valuable tool for attracting traders to DEX.