The developer wallet made an over 5,100-fold return on his initial $550 investment.
The developer of the Solana-based Neiro memecoin has made a $2.85 million profit in an apparent rug pull.
The developer wallet made the $2.85 million profit after printing an over 5,169-fold return on his initial investment of just three Solana (SOL) tokens worth over $550.
The developer initially invested in the Solana-based memecoin when deploying the token contract, according to a July 28 X post by Lookonchain: