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A crypto trader recently struck gold by turning a small investment of 0.2 SOL ($29) into over 866.13 SOL ($125,000) in just three minutes, achieving a massive 4,330x return. This incredible success came from trading an Ethereum meme coin named $MBAPPE, proving that sometimes, buying meme coins can pay off in a big way.
Profit-Making Strategy That Works
According to Lookonchain, a well-known blockchain analytics platform, this trader didn’t just rely on luck. Over the past month, he has been trading meme coins regularly, making 251 different trades.
For each trade, he invested small amounts like 0.1, 0.2, or 0.3 SOL. His strategy focuses on spreading out his investments, which helped him manage risks and still take advantage of big opportunities when they came up.
With a win rate of 35.46%, he managed to make a total profit of $126,700 in just one month. This shows that while meme coin trading can be risky, there are ways to make it work if done carefully.
Turning 0.2 SOL into 8661.3 SOL
The trader’s most notable success came from the MBAPPE meme coin. By investing 0.2 SOL ($29) in this coin and selling it three minutes later, he managed to turn a small investment into a significant profit of 866.13 SOL ($125,160).
This single trade resulted in a 4,330x return, highlighting the high-risk, high-reward nature of meme coin trading. However, this trader’s story shows that big wins in crypto are possible, but they often come with high risks.