Two unknown traders made thousands and millions of dollars thanks to memcoins. One investor turned $95 into $96,900 by investing in the INCEPT token. He managed to increase his deposit 1000 times in 12 hours. This was reported by the analytical company Lookonchain.
Unbelievable!😱
Turned $95 into $96.9K in just 12 hours—more than a 1000x return!
Many of the wallets that made ~1000x profit on $INCEPT appear to be insider wallets. They were all created 4 days ago and have only traded $INCEPT.https://t.co/AvNHFbRjpO pic.twitter.com/aOm3z1VXAx
— Lookonchain (@lookonchain) September 26, 2024
Experts noted that many of the wallets that made 1000x profits appear to be insider accounts, as they were all created four days ago and only traded the INCEPT token.
Another investor turned $1,331 into $3.4 million in just 15 days, increasing his initial investment by 2,554 times. According to experts, on September 10, 2024, he spent 9.8 SOL (about $1331 at that time) to buy 38.7 million MOODENG, assets now valued at more than $3.4 million.
This guy turned $1,331 into $3.4M in only 15 days, a 2,554x return! 😱
He spent 9.8 $SOL($1,331) to buy 38.7M $MOODENG on Sept 10, now worth more than $3.4M!https://t.co/ADTPSX1IgI pic.twitter.com/3BMBD7Um26
— Lookonchain (@lookonchain) September 25, 2024
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Source: Cryptocurrency
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