Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesEarnWeb3SquareMore
Trade
Spot
Buy and sell crypto with ease
Margin
Amplify your capital and maximize fund efficiency
Onchain
Going Onchain, without going Onchain!
Convert
Zero fees, no slippage
Explore
Launchhub
Gain the edge early and start winning
Copy
Copy elite trader with one click
Bots
Simple, fast, and reliable AI trading bot
Trade
USDT-M Futures
Futures settled in USDT
USDC-M Futures
Futures settled in USDC
Coin-M Futures
Futures settled in cryptocurrencies
Explore
Futures guide
A beginner-to-advanced journey in futures trading
Futures promotions
Generous rewards await
Overview
A variety of products to grow your assets
Simple Earn
Deposit and withdraw anytime to earn flexible returns with zero risk
On-chain Earn
Earn profits daily without risking principal
Structured Earn
Robust financial innovation to navigate market swings
VIP and Wealth Management
Premium services for smart wealth management
Loans
Flexible borrowing with high fund security
Memecoin Investor Turns $727 into $2.42 Million in Just Four Days

Memecoin Investor Turns $727 into $2.42 Million in Just Four Days

Cryptodnes2024/10/16 08:42
By:Cryptodnes

Memecoins are gaining traction in 2024, particularly those based on Solana, capturing significant attention from investors.

One notable case involves an investor who achieved remarkable success with the Solana memecoin Goatseus Maximus (GOAT).

According to Lookonchain, this individual transformed an investment of $727 into an astonishing $2.42 million within just four days, marking a staggering gain of 3,329%.

The investor purchased 15.15 million GOAT tokens for 5 SOL , which was equivalent to $727 at the time.

READ MORE:
Australia Launches Its First Ethereum (ETH) ETF

Following a dramatic surge in the token’s price, they sold 5.7 million GOAT for 5,949 SOL, approximately $930,000, while retaining 9.4 million GOAT valued at $1.4 million.

Should they decide to sell the remaining tokens, their total profit could reach $2.4 million.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Earn new token airdrops
Lock your assets and earn 10%+ APR
Lock now!