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New Address Makes 713x Return on MEME, Turns $2,972 into $2.1M in 12 Hours
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News EditorA newly created wallet address, only 21 days old and with trades in just 8 tokens, scored a 713x return by trading MEME. According to Lookonchain, the address spent $2,972 to buy 16.11 million MEME, then sold 750,000 for $85,300. It still holds 15.36 million MEME worth $2.03 million, netting over $2.1 million in profit within 12 hours.
A newly created wallet address has turned a modest $2,972 investment into over $2.1 million in less than 12 hours by trading the meme coin MEME, according to on-chain data from Lookonchain. The address, created 21 days ago, had only traded 8 tokens previously. It spent $2,972 to buy 16.11 million MEME tokens early today. It then sold 750,000 tokens for $85,300, and still holds 15.36 million MEME worth $2.03 million, bringing total profit to over $2.1 million, a 713x return.
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