Satoshi

Solana

April

RebelSatoshi

Coin

<p>An anonymous Solana whale has managed to turn a modest $3,540 investment into $1.88 million profit by investing in the latest Solana meme coin – MICHI.</p>
<p><a href="https://x.com/lookonchain/status/1788955960985477241" target="_blank" rel="noopener noreferrer nofollow">According</a> to a report by LookOnChain, this trader spent just 20 SOL (around $3,540) to purchase 5.62 million MICHI tokens on April 8th. Within a mere 24 hours, the price of MICHI skyrocketed by nearly 80 times, presenting the trader with an opportunity for an astronomical gain.</p>
<p>While most traders would have been tempted to cash out their profits at such a dizzying level of return, this particular whale exhibited remarkable restraint and conviction, holding on to their MICHI tokens. It wasn’t until a week ago that they began gradually selling off their position, offloading 1.75 million MICHI for 3,570 SOL (approximately $538,000).</p>
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="457" src="https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-1024x457.png" alt="" class="wp-image-489605" srcset="https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-1024x457.png 1024w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-300x134.png 300w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-767x342.png 767w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-1536x685.png 1536w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-2048x913.png 2048w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-336x150.png 336w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-100x45.png 100w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-785x350.png 785w, https://captainaltcoin.com/wp-content/uploads/2024/05/image-318-788x351.png 788w" sizes="(max-width: 1024px) 100vw, 1024px">
</figure>
<p>Even after this substantial sale, the trader still holds 3.87 million MICHI tokens, currently valued at around $1.35 million. In total, this daring trade has netted the whale a mind-boggling profit of $1.88 million, representing a gain of 533 times their initial investment.</p>
<p>The meteoric rise of MICHI is the latest in a string of Solana-based <a class="wpil_keyword_link" href="https://captainaltcoin.com/meme-coins/" title="meme" data-wpil-keyword-link="linked" target="_blank" rel="noopener noreferrer nofollow">meme</a> coin crazes that have swept through the cryptocurrency market over the past six months.</p>
<p>From the explosive popularity of BONK and WIF to the more recent emergence of BOME, these lighthearted and often whimsical projects have captured the imagination of traders, fueling speculative frenzies and generating substantial profits for those savvy enough to “catch” them early.</p>
<p>All in all, the story of the Solana whale’s MICHI windfall serves as a potent reminder of the potential riches that can be reaped through a combination of keen market insight, nerves of steel, and a willingness to embrace the inherent volatility of the meme coin phenomenon.</p>
<p><em><strong>Hunting for a small cap coin that could explode 10x? We’ve unveiled a few last week alone.<br>Get all our future calls by joining our <a href="https://t.me/captainaltcoincom" target="_blank" rel="noopener noreferrer nofollow">FREE Telegram community.</a></strong></em></p>
<div class="bigofferblock margincenter mb30 pt20 pl20 pr20 " style="">
 <div class="col_wrap_two mb0">
  <div class="offerbox_big_wrap flowhidden">
   <div class="image position-relative text-center col_item mobileblockdisplay img-maxh-350 img-width-auto"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <img decoding="async" class="lazyload" data-skip-lazy="" data-src="https://captainaltcoin.com/wp-content/uploads/thumbs_dir/REBEL-SATOSHI-RECQ-MEME-COIN-qndahijqjwle5mml7gg8my30uqig0eo11vxmtat25a.png" width="500" alt="Check $RECQ Meme Coin" src="https://captainaltcoin.com/wp-content/themes/rehub-theme/images/default/blank.gif"> </a>
   </div>
   <div class="product-summary col_item mobileblockdisplay">
    <h3 class="product_title entry-title font150 lineheight25 mb30" id="a-class-re_track_btn-href-https-captainaltcoin-com-go-ll_bottom-target-_blank-rel-noopener-noreferrer-nofollow-span-check-recq-meme-coin-span-a"><a class="re_track_btn" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> <span>Check $RECQ Meme Coin</span> </a></h3>
    <div class="rev_disclaimer font70 greencolor lineheight15 mb20">
     Sponsored: Invest Responsibly, Do Your Own Research.
    </div>
    <div class="buttons_col mb25 rh_big_btn_inline">
     <div class="priced_block clearfix">
      <div><a class="re_track_btn btn_offer_block" href="https://captainaltcoin.com/go/ll_bottom/" target="_blank" rel="noopener noreferrer nofollow"> Buy RECQ Today </a>
      </div>
     </div>
    </div>
    <div class="bigofferdesc"><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Serves as the base currency for all transactions within the Rebel Satoshi platform <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>ICO stage, offering tokens at a discounted price <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Facilitates a smooth and efficient economy within the arcade, supporting both arcade and in-game transactions. <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Grants access to a diverse range of gaming experiences in the Rebel Satoshi Arcade, <br><i class="vertmiddle mr10 rhicon rhi-check-circle-solid greencolor font130"> </i>Contributes to a decentralized, community-driven RebelSatoshi platform that integrates gaming with elements of revolution, freedom, and unity, appealing to users who value such principles.
    </div>
   </div>
  </div>
 </div>
</div>
<p>The post <a href="https://captainaltcoin.com/solana-whale-turns-3-5k-into-1-88m-with-meme-coin-michi/" rel="noopener noreferrer nofollow">Solana Whale Turns $3.5K into $1.88M with Meme Coin MICHI</a> appeared first on <a href="https://captainaltcoin.com" rel="noopener noreferrer nofollow">CaptainAltcoin</a>.</p>

Solana Whale Turns $3.5K into $1.88M with Meme Coin MICHI

目录

CaptainAltcoin

发布于 2024年5月11日的其他文章

JPMorgan Chase Bitcoin ETF Investment Reported With $760,000

Is the Bull Run Back? Bullish Sentiment Sweeps Market as Retik Finance (RETIK) Schedules Exchange...

5 Altcoins You NEED In This Bullrun: 80% Discount Crypto Gems

Dogecoin and Shiba Inu Await Breakout for Over 100% Rally

US Government Is Going After Tether: Ripple CEO

$BODEN vs $TREMP: The Ultimate Showdown of Meme Coins

订阅我们免费的电子期刊，获取每日最新加密领域动态！