According to Lookonchain, the address 0xc740, created 21 days ago, has only traded eight tokens. Today, after purchasing MEME early in the day, it 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 MEME for $85,300, and currently holds 15.36 million MEME, valued at approximately $2.03 million.
New Address Earns Over $2.1M in 12 Hours from Early MEME Purchase
TechFlowShare
Summary
A new address (0xc740), created 21 days ago, executed a value investing strategy in crypto by purchasing MEME tokens early and earning over $2.1 million in under 12 hours. The address spent $2,972 to acquire 16.11 million MEME, later selling 750,000 for $85,300—a 713x return. It still holds 15.36 million MEME, valued at approximately $2.03 million. Traders using technical analysis for crypto may identify similar opportunities in early-stage tokens.
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