A crypto investor managed to increase his $90 balance by 3,567x through a Solana-based meme coin transaction.
According to data shared by the on-chain analysis platform Lookonchain, a crypto investor earned hundreds of thousands of dollars with less than $100 balance.
The data shows that the investor purchased 0.5 Solana (SOL) worth of 2.89 billion LADYF for $90 and shortly after sold all of his LADYF assets for 1.784 SOL worth $310,000. The investor multiplied his investment 3,567 times in a matter of hours.
Although meme coin investments promise significant gains in a short time, the opposite can also happen.
Another investor who bought a large amount of the meme coin LADYF late and got caught up in FOMO suffered tens of thousands of dollars in losses in just 3 minutes.
