Crypto Trader Turns $332 Into $190K on Gooncoin as Solana Meme Coins Get Hot Again
From decrypt.co
A Solana meme coin trader turned $332—or less than 2 SOL at the time—into nearly $190,000 by trading a newly launched meme coin called Gooncoin over the past 24 hours. The GOONC token was introduced late Monday night via Believe App’s "Launch Coin" mechanism, which allows any X (formerly Twitter) user to create a Solana token in a post that tags the Launch Coin account. Since debuting, the token has skyrocketed 70,000% to a $54.6 million market cap. {tweet} Within minutes of Gooncoin’s start, a trader with the Solana address beginning in “BdjSZ” purchased more than 8 million GOONC tokens for just 1.97 SOL, or around ...
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