Cryptocurrency trader earned $ 4.6 million on a little-known digital token

Editor’s note: not investment advice!

An anonymous trader on the Solana network SOL $235.23 Binance-Peg SOL 0.26% Market capitalization $0.26 billion VOL. 24 hours $0.85 billion under the pseudonym soloxbt. sol earned $ 4.6 million by investing in meme coins. According to the Lookonchain analytical platform, he made most of his profit from KIND and Bagwork tokens, which generated more than $ 1.46 million in revenue.

The trader spent 34.3 SOL (about $ 6900) to buy 25.08 million KIND. He sold part of the position for 218.8 SOL (approximately $ 52,800), and the remaining 22.2 million KIND was valued at $ 656,600 at the time of publication.

In another case, he invested 19.6 SOL (approximately $ 4,400) in the Bagwork token. After selling 12.78 million tokens for 1420 SOL (almost $ 347,600), he still had 11.09 million Bagwork tokens worth $ 418,800 in his portfolio.

Thus, the return on investment amounted to a 101-fold increase on KIND and 174-fold on Bagwork. This allowed the trader to turn a relatively small deposit into a million-dollar capital.

The total assets of the soloxbt. sol user in Solana are currently estimated at $ 4.6 million, making him one of the most successful private investors in the meme coin segment.

The No Worries editorial team strongly advises readers not to invest their own money in dubious crypto projects and little-known digital assets!