Crypto Trader Makes Over 335,000% Profits on New Solana-Based Memecoin in Just Five Days: Lookonchain

A crypto whale is eyeing an enormous multi-million greenback win on a Solana (SOL)-based memecoin after simply 5 days.

In line with on-chain knowledge tracker Lookonchain, an investor with deep pockets turned $727 in Goatseus Maximus (GOAT) transformed into $2.44 million.

“This man offered all 15.15 million GOAT [October 15th]turned 5 SOL ($727) into 15,883 SOL ($2.44 million) in simply 5 days, a 3,176x return! Curiously sufficient, he known as himself ‘stupidmoney.sol’.”

Additionally check out Chain spotted one other good investor $2.8 million in revenue after shopping for over 10 million GOAT on October eleventh.

“This good cash made $2.88 million (+3,360%) on GOAT… He spent 603 SOL ($86,000) six days in the past to purchase 10.7 million GOAT ($3.75 million at peak) and offered 0 .7 million GOAT for 1,453 SOL ($222,000) [on October 17th]leaving 10 million GOAT ($2.74 million).”

The memecoin just lately earned an inventory on Gate, Crypto.com and HTX exchanges.

GOAT is buying and selling at $0.2933 on the time of writing, up 18.5% within the final 24 hours. With a present market cap of $291.7 million, GOAT is the 220th largest crypto mission.

Pseudonymous analyst Altcoin Sherpa just lately mentioned that Goatseus Maximus’ market cap might enhance by greater than 71% from its present worth.

“GOAT: $500 million [market cap] subsequent I believe. I nonetheless have a giant bag of it in my possession and can take into account taking some revenue there.”

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