A trader earned $ 4.4 million in 30 minutes on ENRON memo coin

Editor’s note: not investment advice!

An anonymous trader was able to earn $ 4.4 million in just 30 minutes by investing in the ENRON meme-coin on the Solana blockchain SOL $169.24 Solana -2.30% Market capitalization $82.71 billion VOL. 24 hours $0.24 billion . Lookonchain analytical company reported that the investor spent $ 900 thousand to buy 11.66 million ENRON tokens. The deal took place just a second after the developers published the contract address. Half an hour later, the trader sold the assets and made a significant profit.

Some members of the crypto community suggested that the investor might have had insider information that helped him make a profitable deal. In discussions, it was noted that such stories are rare, and behind one winner there are many who suffered financial losses.

This case highlights the risks and opportunities in the memecoin market, where the speed of decision-making and access to information can significantly affect trading results.

The No Worries editorial team strongly recommends that readers do not invest their own funds in dubious cryptocurrency projects and little-known digital assets!