Crypto Trader Books 346x Profit on Solana-Based Altcoin That’s Exploded 71,164% in a Month: Lookonchain
Blockchain tracking firm Lookonchain says a trader is reaping handsomely after making a bet on a social finance (SocialFi) crypto project built in the Solana (SOL) ecosystem.
According to Lookonchain, a trader pseudonymously known as E4Rued has booked a profit of 34,500% on a stash of Launch Coin on Believe (LAUNCHCOIN) acquired less than a month ago.
“28 days ago, E4Rued withdrew approximately $10,000 from Binance to buy LAUNCHCOIN before it surged.
Then sold all LAUNCHCOIN for $3.46 million and deposited the funds back into Binance.”
Launchcoin is trading at $0.248 at time of writing, up by 71,164% from the April 22nd low of $0.000348.
The blockchain tracking firm is also highlighting another…
