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A cryptocurrency trader, whose trading pattern mirrored hunting for meme coins, finally struck a jackpot after recording a 2,090-fold return on a single transaction. Details of the trade indicate that the trader had an initial investment of $296 in the newly created SLOP meme coin, which transformed into a staggering $620,000 within just four hours in a transaction that also involved Solana (SOL), according to data shared by crypto on-chain analytics platform Lookonchain on October 21. The trader entered the market by purchasing 38.17 million SLOP tokens and 1.76 SOL ($296) through Raydium, an automated market maker (AMM) platform trading the SLOP/SOL pair. Picks for you Get ready: Why gold is set for valuation 'well above' $3,000 16 hours ago ...

A cryptocurrency trader has turned a 1 SOL initial purchase, worth around $150, into nearly $500,000 with $lockin. The trader, who goes by Salazar on X, has been documenting the journey and aims at far higher prices. On October 8, Salazar shared a “Lock in” wallet balance of $498,286.50, up 15.77% in 24 hours. In the post documented as “Day 130,” he says he feels disappointed by his friends who could have achieved the same results but did not. Salazar stated that the wallet balance will be “rapid repricing” to $200 million once $lockin breaks its all-time high (ATH). According to previous posts, this is his ultimate target when he plans to start selling and realizing profits. Picks for you BlackRock's top 2 crypto picks: Are they living up to the hype? 51 mins ago ...