"In the blink of an eye there are already millions, but there must be a strategy to remember to be happy like that."
A memecoin trader known as "paulo.sol" on the Solana Name Service account made over $22 million in profits from multiple positions in meme-themed tokens on the Solana (SOL) blockchain.
Explained further, the trader generated handsome profits from digital assets such as dogwifhat (WIF), Jeo Boden (BODEN) and BONK, where he who started his investment in BONK as early as November 11, 2023 has managed to collect $6.28 million.
Not only that, “paulo.sol” also gained $9.51 million from WIF and $7.04 million from BODEN after being bought on December 4, 2023 and March 6, 2024 respectively, but it should be noted that they started collecting during the upward movement and not during the launch.
Despite the handsome profits, the trader who in total generated about $22.83 million currently still has $7.6 million in BODEN and $5.7 million worth of WIF.
Please note that the trader also expanded his memecoin portfolio by investing in additional tokens, allocating $1.77 million to buy POPCAT and almost $6 million in PUPS.
The streak, the crypto community that praised the trader's impressive strides in the digital asset sector has said his success is not just luck but shows his high faith in a crypto he invests in.
Other investors also praised him due to the attitude of the trader who is not easily intimidated and always maintains the positions he placed despite the crypto market experiencing very volatile movements.
