A crypto trader turned $600 into over $2.5 million in just a few hours by investing in VibeCat on the Solana platform. However, this rapid success is overshadowed by suspicions of a rug pull by the creators of VibeCat.
Despite the correction, many continue to make millions with meme coins. In this article, we will present the story of a trader who became a millionaire by investing only $600.
The incredible journey of a crypto trader in the Solana ecosystem
With a modest investment of $600, a crypto trader managed to turn this amount into over $2.5 million in just a few hours. Operating within the Solana (SOL) ecosystem, this trading genius seized a unique opportunity with the VibeCat (Minette) crypto.
This savvy crypto trader bought VibeCat tokens at the exact moment the developer injected initial liquidity on a DEX, indicating privileged market knowledge. In just 15 hours, he made an impressive profit of $153,000.
Quick profits within hours
The journey of this trader began with the withdrawal of 3.89 SOL from Binance, valued at $600. With this amount, he acquired 2.46 billion Minette tokens just after the token creator added the initial liquidity. According to Lookonchain, 15 hours later, this trader sold 1.04 billion Minette for 998.7 SOL, thus recording a profit of $153,000. He still holds 1.42 billion Minette tokens, valued at approximately $2.5 million.
However, crypto analyst Lookonchain has issued a warning regarding a potential rug pull by the creators of VibeCat. Indeed, the fact that the creator retains active LP tokens is often a warning sign for future massive sales, likely to create intense selling pressure on Minette and cause its price to plummet.
Moral of the story: In crypto, it only takes $600 to become a millionaire or fall victim to a spectacular rug pull !
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