SLOP
Through Lookonchain an incredible story has been revealed this week. A Memecoin hunter that had already invested previously in 150 different memecoins, did an incredible trade with SLOP coin. The man invested 275 EUR, for which he bought the equivalent in SOL, for then to exchange that for 38,17 million SLOP coin.
4 hours later he already exchanged back 29,78 million SLOP for 2412 SOL, which is worth an amazing 375000 EUR in fiat money. The rest of the SLOP he held and was worth 200000 EUR at that moment.
Lucky shot
With his previous 150 memecoins he only made a profit of 21 % on average. So this trade can only be seen as a very lucky shot, with extremely good timing.
It shows that memecoins can be very rewarding, but also very risky.
I will stick to Hive, LEO and BTC…
Sincerely,
Pele23
Posted Using InLeo Alpha