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Solana, the owner of meme coins on the blockchain, has increased its profits 385 times
Cryptocurrency experts note that this year’s revival of Solana SOL $185.43 Solana -2.75% Market capitalization $88.89 billion VOL. 24 hours $1.04 billion was not limited to the positive price dynamics of the digital token. The entire ecosystem of Anatoliy Yakovenko helped traders make significant profits, Lookonchain analysts emphasize.
One of the areas in which Solana thrives is meme coins created on the blockchain. Thus, according to Lookonchain, one crypto trader turned $ 900 into a whopping $ 3.47 million in five days thanks to the ANALOS meme-coin.
According to the crypto analytics platform, the trader spent 12 SOL worth $ 900 to buy 2.6 billion ANALOS and then sold 1.45 billion ANALOS for 1.43 million USDC. Although the cryptocurrency owner had already recorded a profit of $ 3.47 million, he still had 1.12 billion ANALOS left.
However, ANALOS is not the first meme-coin to bring such profits to Solana traders. Digital coins Bonk, MYRO, and POPCAT have also had their share of dominance. Crypto industry analysts also noted the increased attention of investors to the COPE, GFY, and DARK meme tokens.
Interestingly, some of these tokens followed the path of ANALOS. However, analysts note that traders should check whether these tokens are fraudulent projects.
No Worries strongly discourages readers from investing in dubious cryptocurrency projects!