The money earned on the Solana network, where some accounts have made huge profits with the meme coins recently released on it, and many tokens are listed on major exchanges, has now started to reach other levels.

1 million dollar purchase

According to the information provided by on-chain tracking platform Lookonchain, a crypto investor who noticed the token called Shroom issued on Solana in a short time made a purchase in the block where the developer added liquidity. This person, who was not modest at all for the purchase, bought 292 million units of Shroom with 6 thousand units of SOL for $1 million.

Could be an inside job

Even before 1 hour after the purchases made, this person sold his tokens for 57 thousand pieces of SOL worth $9.9 million. In other words, he made a profit of 51 thousand SOL worth about $8.9 million in 1 hour.

Experts and cryptocurrency investors stated on social media that this person is very likely to be a person from the developer group.

The wave that started with the Solana meme coin BONK in October 2023 is now almost at the level of madness… In addition to BONK, meme tokens such as WIF, SLERF, BOME and MYRO have also risen significantly.

In fact, in recent days, people who have issued Solana coins on social media and asked their followers for tokens have started to be seen. The fact that thousands of dollars of SOL were sent to the wallets of these people who promised airdrops to their followers also draws attention and clearly shows the extent of investors’ risk appetite.