Address Earns Over $2.1M in 12 Hours from MEME Token Trading

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A newly created address spent $2,972 to purchase 16.11 million MEME tokens, earning over $2.1 million in less than 12 hours, according to meme coin news. The address sold 750,000 MEME tokens for $85,300 and still holds 15.36 million MEME tokens, valued at $2.03 million. The rapid trading activity underscores the potential of new token listings in the market.

ChainCatcher report, according to Lookonchain monitoring: An address created 21 days ago, which has only traded eight different tokens, purchased MEME earlier today and realized over $2.1 million in profits within less than 12 hours, achieving a return of 713x. The address spent $2,972 to buy 16.11 million MEME tokens, then sold 750,000 tokens for $85,300, and currently holds 15.36 million MEME tokens valued at $2.03 million.

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