In brief
- One trader turned a $332 investment into approximately $190,000 trading Gooncoin.
- The token launched on the rebranded Believe App via its X reply “Launch Coin” mechanism.
- Gooncoin is now trading at a $54.6 million market cap, up 70,000% in the last 24 hours.
A Solana meme coin trader turned $332—or less than 2 SOL at the time—into nearly $190,000 by trading a newly launched meme coin called Gooncoin over the past 24 hours.
The GOONC token was introduced late Monday night via Believe App’s “Launch Coin” mechanism, which allows any X (formerly Twitter) user to create a Solana token in a post that tags the Launch Coin account. Since debuting, the token has skyrocketed 70,000% to a $54.6 million market cap.
Within…
May 14 2025
