Solana, a cryptocurrency owner on the blockchain, has increased its profit 225 times in just two months

NOT financial advice!

According to Arkham Intelligence, an unknown cryptocurrency investor managed to become a dollar millionaire thanks to successful transactions with meme tokens based on Solana SOL $144.65 Solana -2.81% Market capitalization $67.75 billion VOL. 24 hours $0.54 billion . The trader was able to increase his equity 225 times — he turned $ 6 thousand into $ 1.35 million in less than 2 months.

Analysts said that the trader maximized the benefits of the growth of SOL quotes and the popularity of meme tokens. The owner of the onchainclown. sol wallet has been trading dozens of meme cryptocurrencies based on Anatoly Yakovenko’s blockchain over the past 2 months.

While many market participants were busy waiting for applications for spot Bitcoin ETFs to be approved, the trader was actively researching low-cap tokens. This is how he bought the little-known Joel meme crypto asset. The investor then multiplied his capital by 7 times by buying and selling the virtual asset within a month.

Onchainclown demonstrated the best results when trading dogwifhat (WIF). His initial investment in the meme token amounted to 102 SOL (about $ 6 thousand), and the final profit exceeded $ 1.35 million. The trader purchased digital assets 2 weeks after the corresponding smart contract was deployed on the network. The successful investor received 2.6% of the circulating supply to his wallet.

Over the next 2 months, the cryptocurrency owner gradually sold off his assets. As a result, his net profit amounted to about 9140 SOL, or $ 880 thousand. He still keeps about $ 450 thousand in his WIF accounts. Cryptocurrency users joke on social media that his pseudonym is not true at all: «This investor is not such a clown.»