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Trader turns R$960 into R$2.6 million by choosing memecoin at the last minute
The investor's purchase target was the $BAN token, but he decided to bet on another one — and made a profit of 2,580x by investing just 1 $SOL
A cryptocurrency investor made a 2,580x profit from the appreciation of an unknown memecoin called $Mundi that he bought in the early stages, spending just one Solana coin (SOL). His target, however, was the also unknown $Banano, which he stopped buying to risk on Mundi and profit US$ 435 thousand, around R$ 2.6 million.
According to blockchain analytics firm Lookonchain, the address Chbk…YSMQ spent 1 SOL to purchase 19.79 million Mundi tokens in the early stage in October this year, when SOL was trading at $189 (around R$960).
A cryptocurrency investor made a 2,580x profit from the appreciation of an unknown memecoin called $Mundi that he bought in the early stages, spending just one Solana coin (SOL). His target, however, was the also unknown $Banano, which he stopped buying to risk on Mundi and profit US$ 435 thousand, around R$ 2.6 million.
According to blockchain analytics firm Lookonchain, the address Chbk…YSMQ spent 1 SOL to purchase 19.79 million Mundi tokens in the early stage in October this year, when SOL was trading at $189 (around R$960).
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