Crypto community members' opinions were split, with one saying “profit is profit” and another saying that the trader “fumbled” generational wealth.
A trader who bought a newly launched frog-themed memecoin on the Solana (SOL) network missed the chance of turning $8,000 into around $1 million after selling the tokens a day before prices skyrocketed.
On March 14, blockchain analytics firm Lookonchain flagged an impressive trade that saw a Solana holder with the wallet address “shatter.sol” invest 50 SOL into a new Solana memecoin dubbed Book of Meme (BOME).
The trader bought around 170 million tokens and sold them for $131,000 after the price increased.
