Solana-based meme coin POPCAT continues to provide serious returns to its investors. The meme coin, which has increased more than 10 times since it was launched in December last year, has risen close to 180% in a one-month period.

Doubled $4 million

A cryptocurrency investor doubled his investment of $4.1 million on 12 and 13 September in less than 1 month. The profit of this person, who bought 6.1 million POPCAT at $0.68, reached $4.3 million, and the value of all POPCAT tokens reached $8.5 million.

Still not sold

It is also noteworthy that this trader still does not sell despite making such a high profit in a short period of time. POPCAT had ATH today, rising as high as $1.47.

While 2024 was very productive for meme coins, the tokens on the Solana chain also exploded. Meme tokens such as BONK, WIF, SLERF, MYRO, PONKE caused increased interest in Solana and decentralised exchanges on this network.