A crypto investor made millions of dollars in profit by trading 7 meme coins in a short period of time.
According to data provided by on-chain analysis platform Lookonchain, the crypto investor earned $1.49 million by buying and selling meme coins in 2 days.
At first, the investor had only a 40% win rate and was not investing more than 80 Solana (SOL) in a meme coin. However, after mastering meme coin trading in a short time, the investor increased their investments to a thousand SOL.
Following this, the investor made a total of 35 meme coin trades, 25 of which were profitable, with a 71.43% win rate resulting in a total profit of $1.54 million. Despite struggling for weeks, 96% of the total profit was made in just two days on March 16-17.
The meme coins that generated the most profit for the investor were Solomon, Monkey Brother, and SNAP.