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Solana Trader Turns $900 into $3.47M in 5 Days

Published 12/25/2023, 08:56 PM
Updated 12/25/2023, 09:15 PM
Solana Trader Turns $900 into $3.47M in 5 Days
SOL/USD
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  • A crypto trader turns a $900 investment into $3.47 million in five days, marking a 3800-fold increase.
  • The achievement is attributed to the strategic trading of ANALOS on the Solana network.
  • ANALOS is currently trading at $0.002059, up 145% in the last 24 hours.

One trader on the Solana blockchain has captured the attention of the community by turning a $900 investment into a staggering $3.47 million in just five days.

The achievement, a remarkable 3800-fold increase in the initial investment, was accomplished through strategic trading of the recently popular token, ANALOS, on the Solana network.

According to a report by Lookonchain, the trader initially invested 12 SOL (Solana’s native cryptocurrency), equivalent to $900, to acquire 2.6 billion ANALOS tokens five days ago. Capitalizing on the surging value of ANALOS, the trader strategically sold 1.45 billion ANALOS, yielding a total of $1.43 million in USDC (USD Coin).

At present, the trader is actively liquidating the remaining 1.12 billion ANALOS tokens, valued at $2.04 million at the time of the report. If successfully sold, this would bring the total profit to $3.47 million.

ANALOS All-time Pri…The post Solana Trader Turns $900 into $3.47M in 5 Days appeared first on Coin Edition.

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