Trader Acquired $23 Million by Flipping Solana Meme Cash: All the Details

An enthusiastic meme coin fanatic has just cashed in a whopping $22 million in earnings from various meme-themed tokens on the Solana blockchain.
Studies from the blockchain analysis business Lookonchain pointed out the extraordinary investing action of an individual regarded as “paulo.sol” who operates by using the Solana Identify Provider account considering the fact that April 26.

Cashing in on Meme Coins for Massive Bucks

This trader’s good results story revolves all over meme property this kind of as Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK).
By strategically timing their entries and exits, they managed to make a hefty profit of all-around $6.28 million from trading BONK by itself, commencing their journey with this token on November 11, 2023.

Wow, what a celebrity!

paulo.sol smiled all the way to the bank with $9.51M on $WIF, $7.04M on $boden, and $6.28M on $BONK.
Loved the massive moves! Let us peek into their up coming trades.👇 pic.twitter.com/2axUwHb3el

Seizing the possibility with WIF and BODEN, our trader didn’t sit on the sidelines at start but rather waited for the ideal minute to jump in. Purchasing into WIF on December 4, 2023, and initiating BODEN trades on March 6, they raked in $9.51 million and $7.04 million in earnings from these tokens, respectively.
The whole gain from playing with Solana-based meme tokens stands at a whopping $22.83 million. Currently, they maintain $7.6 million worthy of of BODEN tokens and $5.7 million in WIF.
Increasing their meme coin empire, the trader ventured into other tokens as well. They invested $1.77 million in POPCAT and almost $6 million in PUPS, solidifying their position as the most significant PUPS holder on the Solana blockchain.

Riding Superior on the Solana Meme Coin Wave

The crypto community is all praise for this trader’s remarkable feat in the market. Just one member highlighted how this results wasn’t just a stroke of luck but a testament to their unwavering conviction in the confront of uncertainty.
A different user lauded their “diamond” fingers, a time period utilized for traders who can maintain onto their positions firmly even throughout turbulent industry conditions.
This trader is just one of numerous who have profited immensely from the frenzy bordering Solana meme cash. In a impressive example on April 3, one more trader transformed $13,000 into a staggering $2 million within just just one hour by swiftly working with MOEW tokens on decentralized exchanges.