A trader increased his own profit 515 times on the LAUNCHCOIN memo token

Note: not an investment advice!

The trader earned more than 500 times the initial investment by investing in the LAUNCHCOIN meme token after its rebranding. According to the Lookonchain analytical platform, one of the users purchased 20.3 million coins for about $ 9075, and now their value exceeds $ 4.7 million. Thus, the profit increased by about 515 times.

Another major player sold 341,783 TRUMP tokens for $ 4.39 million, incurring a loss of $ 446 thousand, and then invested 8908 SOL (approximately $ 1.59 million) to purchase 9.37 million LAUNCHCOIN. This indicates active interest from large investors in the token after its rebranding.

At the time of publication, the coin is showing daily growth of 134.8% and is trading at $ 0.2073. Previously, the token was called Ben Pasternak (PASTERNAK), but after the brand change, the asset became much more popular among cryptocurrency users.

The interest in LAUNCHCOIN is growing amid the general hype around meme coins. There were also rumors on the web about the launch of its own token by the Truth Social platform, but Donald Trump Jr. denied this information, calling it false.

Experts warn that despite high profits in some cases, investments in meme coins remain extremely risky due to their volatility and lack of fundamental value.

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