Little-known blockchain cryptocurrency Solana has grown by 180%

Note: not investment advice!

Anonymous traders have made substantial profits amid the growing popularity of meme coins on the Solana network SOL $147.30 Binance-Peg SOL -1.71% Market capitalization $0.16 billion VOL. 24 hours $0.28 billion . Fartcoin, a token that turned from a joke into one of the main players in the sector, stood out. According to the Lookonchain analytical platform, one of the traders re-entered the market by purchasing almost half a million Fartcoin tokens for more than $ 560,000.

This is not the first successful transaction of this trader with Fartcoin: earlier, when the market capitalization of the asset was only $ 32 million, he earned about $ 5 million due to the successful timing of the purchase and sale. Currently, Fartcoin is trading at around $ 1.15, having shown an increase of almost 180% over the past month. Nevertheless, the token has not yet returned to the peak values reached at the beginning of the year.

The market capitalization of Fartcoin is already over $ 1.1 billion, which indicates its transformation from a niche joke asset to a prominent player in the Solana meme ecosystem. Another anonymous investor, also identified by Lookonchain, has made a series of five successful speculative trades with the token and earned almost $ 670,000 without a single loss.

Recently, this trader completely withdrew his funds from Fartcoin, amounting to approximately $ 1.22 million, and invested in another meme-coin with a political context, the Official Trump (TRUMP) token. Such actions demonstrate the high level of speculative activity in the field of meme coins on the Solana blockchain, where success depends on viral hype, risk, and precise timing.

No Worries strongly advises readers not to invest in dubious cryptocurrency projects and little-known digital assets!