He Became a Millionaire with $712! Can Solana's New Meme Coin Make the Same Bang?

A crypto investor managed to turn $712 into $3.95 million in less than a day thanks to a new Solana-based meme coin called Unicorn Fart Dust (UFD).

In the aftermath of this event, the pre-sale, which offers the opportunity to buy Solaxy tokens aimed at solving problems on the Solana network, gained momentum.

The conversion of $712 into million dollars took place after the price of the new token increased in the last 24 hours and gave investors a 5,546-fold return. UFD's creator is known for promoting gold and silver investments.

The developer, who launched the project as a joke to show that meme coins are worthless and to mock the crypto market, says in an uploaded video that meme coins and the broader crypto market are "out of control". Citing an article about how another meme coin, Fartcoin, reached a market capitalization of $500 million to illustrate his point, the developer explains that he started UFD to prove how crazy the crypto market is.

The developer's motivation doesn't change the fact that the crypto enthusiast who invested $712 has made millions of dollars. Investors in search of a similar coin are flocking to the Solaxy token, which will save the Solana network from its problems.