Whereas a brand new memecoin emerges day by day within the cryptocurrency market, the memecoin named LAUNCHCOIN has been attracting consideration just lately.
Whereas LAUNCHCOIN’s rise of over 7,000% earned tens of millions of {dollars} to its buyers, Lookonchain additionally shared the story of a whale.
In accordance with Lookonchain’s submit, a mysterious crypto investor turned his $8,191 LAUNCHOIN funding into greater than $4 million in 22 days, making an unbelievable 500x return.
Lookonchain mentioned that this investor all of a sudden withdrew 68.8 SOL from Binance 22 days in the past after 4 months of inactivity and spent 54 SOL (about $8,191) to buy 14.62 million LAUNCHCOIN when its market worth was beneath $500,000.
The mysterious investor began promoting when the market worth of LAUNCHCOIN exceeded $200 million, promoting 2.5 million LAUNCHCOIN for 3,465 SOL (price $617,000).
The investor nonetheless has 12.12 million LAUNCHCOIN (price $3.5 million) in his possession, bringing his whole revenue to over $4 million.
“Sensible or insider?
One investor remodeled $4 million with simply $8,191 in simply 22 days – a 500x return!
….”
Sensible or insider?
A dealer made greater than $4M with solely $8,191 in simply 22 days—a 500x return!
After greater than 4 months of inactivity, the dealer all of a sudden withdrew 68.8 $SOL from #Binance 22 days in the past and spent 54 $SOL($8,191) to purchase 14.62M $LAUNCHCOIN—when its market cap was… pic.twitter.com/fdX8kVLYNp
— Lookonchain (@lookonchain) Could 15, 2025
*This isn’t funding recommendation.