Recently, Solana (SOL)-based Dogwifhat (WIF) and many different mem tokens have brought millions of dollars to their investors.
While investors continue to make money from their mem token investments, the latest news came from a Solana-based meme token.
At this point, Lookonchain announced that an investor made $200,000 on a $1.5,000 investment in a Solana-based meme token in just five minutes.
Accordingly, the lucky investor purchased 28.58 million TOBI for 9 Solana worth $1,470.
TOBI price then rose rapidly and this trader converted 9 SOL into 1,229 SOL worth $202 thousand in just five minutes.
The investor, who made 137x on his TOBI investment in five minutes, made a profit of 200 thousand dollars.
“Unbelievable!
This trader turned 9 SOL ($1,470 worth) into 1,238 SOL ($202,000) in less than 5 minutes, which is a 137x gain!
He spent 9 SOL to buy 28.58 million TOBI, then the price of TOBI rose rapidly.
He immediately sold the entire TOBI for 1,238 SOL!
He earned 1,229 SOL ($201K) in less than 5 minutes.”
*This is not investment advice.