Odaily Planet Daily reports that, according to GMGN monitoring, a trader spent a total of $1,190 to purchase the Solana-based meme coin ZCAT seven days ago. The trader has since sold the tokens and converted them into assets worth $11,300, realizing a paper profit of $473,800 and a return of 397x.
Trader Earns 397x Return on ZCAT Meme Coin in 7 Days
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Summary
A trader achieved a 397x return on ZCAT, a Solana-based meme coin, after purchasing $1,190 worth seven days ago. The position was sold for $11,300, realizing a profit of $473,800. On-chain data confirms the trade occurred entirely on the Solana blockchain. The substantial gain underscores the volatility and potential of meme coins in the crypto market.
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