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

by Margarita Armstrong

A crypto whale is calling at an enormous multi-million greenback private on a Solana (SOL)-basically based memecoin after lawful 5 days.

Fixed with on-chain knowledge tracker Lookonchain, a deep-pocketed investor turned $727 price of Goatseus Maximus (GOAT) into $2.44 million.

“This man supplied all 15.15 million GOAT [October 15th], turned 5 SOL ($727) into 15,883 SOL ($2.44 million) in precisely 5 days, a 3,176x return! Interestingly, he named himself ‘stupidmoney.sol’.”

Lookonchain also noticed yet any other savvy investor who is calling at $2.8 million in earnings after searching for more than 10 million GOAT on October 11th.

“This neat cash made $2.88 million (+3,360%) on GOAT… He spent 603 SOL ($86,000) to aquire 10.7 million GOAT ($3.75 million at height) six days ago and supplied 0.7 million GOAT for 1,453 SOL ($222,000) [on October 17th], leaving 10 million GOAT ($2.74 million).”

The memecoin no longer too long ago earned a checklist on Gate, Crypto.com and HTX exchanges.

GOAT is trading for $0.2933 at time of writing, up 18.5% in the last 24 hours. With a present market cap of $291.7 million, GOAT is the 220th excellent crypto mission.

Pseudonymous analyst Altcoin Sherpa no longer too long ago talked about that the market cap of Goatseus Maximus might per chance presumably per chance flee more than 71% its present tag.

“GOAT: $500 million [market cap] next for my piece. Peaceable conserving a mountainous discover of this and might per chance presumably per chance fair steal into consideration taking rather of income there.”

Generated Image: Midjourney

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