While the number of investors losing money in the cryptocurrency market has been increasing exponentially recently, one investor made millions of dollars in a Solana-based memecoin.
Accordingly, a shrewd investor who invested in the Solana (SOL)-based memecoin “114514” surprised the crypto market by turning just $321 into $2.18 million in 11 days following its massive surge.
According to Lookonchain, a wallet labeled 8BGiMZ spent only $321 to purchase 45.58 million “114514” tokens through multiple swap transactions on Solana-based DEXs.
Subsequently, the token experienced a massive surge, and the shrewd investor’s investment also multiplied, exceeding $2 million.
This person’s small investment of $321 turned into a 6,800x return in just 11 days.
“He turned $321 into $2.18 million – a 6,800x return. What a legend!”
In the last 11 days, an investor named 8BGiMZ bought 45.58 million ‘114514’ shares for just $321, which are currently worth $2.18 million.
This translates to an incredible 6,800x return on investment.”
*This is not investment advice.
