Solana trader made $200,000 in 5 minutes

In the 2024 bull season, while the trades made on meme coins issued especially on the Solana network were the subject of discussion, an investor managed to earn 1238 SOL worth $200,000 from a meme coin in which he invested only 9 SOL. This person earned 137 times in 5 minutes.

Solana trader made $200,000 in 5 minutes

The Solana-meme coin craze, which started with BONK in November 2023 and then reached another dimension with WIF, continues at the same speed as the market falls and rises.

137-fold in 5 minutes!

An investor trading on the Solana network started with just 9 SOL tokens (about 1470 dollars) and made a small fortune in 5 minutes. This person bought 28.5 million TOBI tokens with 9 SOLs. After the TOBI price rose sharply, the investor sold all the tokens in 5 minutes and increased his 9 SOL tokens to 1238.

While such gains have been seen frequently recently, especially on the Solana network, it was noteworthy that many traders were buying in the seconds when the project team was loading liquidity. This was the biggest indicator of insider information.

While this does not seem to be the case with the TOBI token for now, many crypto investors agree that this trade is a clear manipulation…

Leave a Comment