July 19, 2025

Trader Turns $8,500 Investment into $800,000 Windfall with Solana-Based Memecoin

1 min read

A cryptocurrency trader made a windfall profit on a little-known memecoin after purchasing over 256 million tokens of the Solana-based memecoin CTO for am ere $8,500 shortly after the token started trading on decentralized exchange Raydium. According to data shared by on-chain analysis service Lookonchain, the trader was the third address to acquire CTO tokens

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Source: CryptoGlobe

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