Solana

Dragon

Silly Dragon

Coin

<ul class="news-points"> 
 <li>Whale investors can significantly impact meme coin markets, as seen with SILLY’s rapid value increase.</li> 
 <li>The crypto market’s volatility is highlighted by contrasting outcomes in short timeframes.</li> 
 <li>Insider trading concerns arise in crypto, demonstrated by the rapid success of early SILLY investors.</li> 
</ul> 
In a recent move, a whale made a significant investment in a <a href="https://coinedition.com/crypto-analyst-shares-solanas-parallel-transaction-processing-advantages/?utm_source=telegram_channel&amp;utm_medium=referral">Solana-based </a>memecoin, Silly Dragon (SILLY). As per Lookonchain a prominent blockchain figure, this investor deployed 8,552 SOL, equivalent to approximately $787,000, to purchase 9.51 million SILLY tokens at an average price of $0.08277 over the past eight days. 
This strategic move has already resulted in a substantial floating profit of $473,000, marking a 60% increase in value. Prior to this venture, the same investor engaged with another digital asset, $ZERO, with contrasting results. They initially spent 1,475 SOL on $ZERO but subsequently sold it for 1,022 SOL, enduring a loss of 453 SOL, or about $34,000, within just two days. 
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 A whale spent 8,552 <a href="https://twitter.com/search?q=%24SOL&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SOL</a>($787K) to buy 9.51M <a href="https://twitter.com/search?q=%24SILLY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SILLY</a> at an average price of $0.08277 in the past 8 days. The current floating profit is $473K (+60%). Before buying <a href="https://twitter.com/search?q=%24SILLY&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="nofollow">$SILLY</a>, this whale …
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The post <a href="https://coinedition.com/breaking-solana-whale-scores-big-with-silly-turning-787k-into-major-profit/">Breaking: Solana Whale Scores Big with SILLY, Turning $787K into Major Profit</a> appeared first on <a href="https://coinedition.com">Coin Edition</a>.

Breaking: Solana Whale Scores Big with SILLY, Turning $787K into Major Profit

Coin Edition

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