An early meme coin investor turned his $1,750 into $11 million after 4 months of waiting.
According to on-chain analysis platform Lookonchain, a trader bought 5.1 million dogwifhat (WIF) for $1,749 on November 30, 2023. After approximately 4 months of waiting, the value of the WIF assets of the trader has reached $11 million.
The trader recently attempted to sell his WIF assets through the Solana (SOL) based decentralized exchange Jupiter (JUP). The transaction, which involved placing a limit sell order on the Jupiter exchange, did not go through due to the very high limit set by the trader. This indicates the trader’s clear expectation that WIF will continue to rise.
Unable to place a sell order at the desired price, the trader decided to withdraw all WIF assets back into his wallet and continue to wait.
WIF, a leading coin in the meme coin frenzy, has brought millions of dollars in profits to many early investors.
