A crypto investor made millions in a short time thanks to meme coin purchases.
According to data provided by the on-chain analysis platform Lookonchain, a crypto investor made millions thanks to the newly introduced Shark Cat (SC) meme coin.
The investor who bought SC just 5 hours after it was released, invested only 6.6 Solana (SOL) into the meme coin. After the purchase, the investor waited for about 2 days and took advantage of the rises, selling his 4.6 million SC for $145,000 worth of 768 SOL.
After the sale, the investor was left with 29 million SC valued at $2 million1,730x in just 2 days.
Since the introduction of SC, it has shown a performance increase of approximately 56,000% in the past 2 days.
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