One trader saw more than 27,600% profit after investing in Meme coin launch on Ethereum (ETH) tier-2 scaling Solution Foundation chain
According to blockchain tracking company Lookonchain, one crafty trader turned $18,000 into $5 million, up 27,677% after buying Degen (DEGEN) in January.
DEGEN now has a market cap of $328.57 million and was priced at $0.0258 at the time of writing. This is up 2.69% in the last 24 hours.
Lookonchain has also seen wealthy early Ethereum investors like Wu Fu sell large amounts of top altcoins for huge profits.
Finally, Lookonchain discovered that one investor quickly turned 50 SOLs of Solana into 2,828 SOLs by trading the MEW cat meme coin that runs on the Solana chain.
Source: DailyHodl
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