A newly created wallet turned $2,972 into over $2.1 million in under 12 hours by trading MEME tokens, achieving a 713x return, according to Lookonchain. The address still holds 15.36 million MEME worth $2.03 million.
According to blockchain analytics firm Lookonchain, a wallet address created just 21 days ago made a staggering profit of over $2.1 million in less than 12 hours by trading MEME tokens, with a return rate of 713x.
The address, which has only traded eight tokens, spent $2,972 to buy 16.11 million MEME earlier today. It then sold 750,000 MEME for $85,300 and currently holds 15.36 million MEME valued at approximately $2.03 million.
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