Turn $85,000 into $8.02 million! Insider information drives meme coin pre-sale craze

The news pointed out that a smart investor increased his investment principal of US$8,500 to US$802,000 in just one hour. This astonishing profit caused heated discussions in the market. The investor chose to invest in a meme coin called CTO on the Solana blockchain and trade it on the Raydium Protocol platform.

According to data from the blockchain analysis platform Lookonchain, this trader bought 25.68 million CTO coins at a price of 50 SOL (approximately US$8,500) as soon as the CTO coin was listed, becoming the third largest buyer of the coin. Then, he quickly sold 22.767 million CTO coins at a price of 4,771 SOL (approximately US$802,000), obtaining a high return of 94 times.

This isn't the trader's first high-yield trade. Eleven hours before the CTO transaction, he also bought PFI coins for 20 SOL (approximately $3,400) and sold them for 612 SOL (approximately $104,000), making a 30-fold profit. This series of highly profitable transactions has made the market question whether he has some inside information, but more people tend to believe that he is an investment expert with a keen insight into the meme currency market.

At the same time, the meme coin market is also in full swing. Market news points out that The Meme Games has successfully raised US$300,000 in the early pre-sale stage, reflecting strong market demand.

The Meme Games is a meme currency project based on decentralized blockchain technology. It aims to attract investors through gamification strategies. The project’s outstanding performance during the pre-sale period shows investors’ interest in memes. A high degree of attention and trust in the currency.