A crypto investor made tens of thousands of dollars in just hours with a $4 balance.
According to data from the on-chain analysis platform Lookonchain, a crypto investor made $63,000 from $4 thanks to a meme coin based on Solana (SOL).
The meme coin WolfWifBallz (BALLZ) shot up shortly after its launch, and this investor who bought $4 worth sold all their assets for $63,000 just 5 hours later due to the sudden price surge.
With the BALLZ price showing a 9,181,006% increase in just one day, the investor increased their money 17,125 times.
While such investments are very risky, some lucky users have managed to attract attention by multiplying their money to hundreds of thousands of dollars in a short time, especially in a bull market. The staggering rise of dogwifhat (WIF) based on Solana has led to the emergence of many similar projects.