Sale of $1.5 Million Meme Coin from Solana: Huge Profit Realized!
Crypto investor pow made a significant profit by selling a substantial portion of his LAUNCHCOIN assets for $1.54 million worth of Solana (SOL).
LAUNCHCOIN (PASTERNAK), one of the altcoin projects that has caught attention in recent months, continues to provide substantial gains to its investors. According to data shared by the on-chain analysis platform Lookonchain, the famous trader pow sold approximately 7.6 million LAUNCHCOINs for 9,040 SOL. This transaction corresponds to a value of approximately $1.54 million.
After this sale, pow still holds a significant amount of LAUNCHCOIN in his wallet. According to the data, pow currently has 4.75 million LAUNCHCOINs (approximately worth $1 million) in his wallet, while there are also 4.49 million LAUNCHCOINs (approximately worth $950,000) in the liquidity pool.
Three months ago, pow purchased 17.66 million LAUNCHCOINs for a total of $367,000 worth of 1,466 SOL, but despite the price losing approximately 99% of its value, he did not sell his investment. The patient investor managed to increase the value of his investments to $2.7 million as the altcoin's market capitalization reached $150 million.
