A crypto investor multiplied his money by 195x in a short time thanks to a Solana-based memecoin.
According to data provided by the on-chain analysis platform Lookonchain, a crypto investor became rich in a short time through meme coin trading.
This person, who managed to invest early in a meme coin called TEH EPIK DUCK (EPIK) recently released to the market, bought 261.27 million EPIK for $5,300.
Just 1 day after the purchase, he managed to sell the majority of his EPIK assets for $1.04 million$7,000 worth of EPIK in his wallet.
Within 1 day of the EPIK launch, it saw a 12,860% increase. This rise took the meme coin’s market value to $31 million.