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    Home»Altcoins»Crypto Dealer Prints 517x Revenue on Solana-Primarily based Altcoin That’s Exploded 7,000% in Simply One Week: Lookonchain – The Every day Hodl
    Crypto Dealer Prints 517x Revenue on Solana-Primarily based Altcoin That’s Exploded 7,000% in Simply One Week: Lookonchain – The Every day Hodl
    Altcoins

    Crypto Dealer Prints 517x Revenue on Solana-Primarily based Altcoin That’s Exploded 7,000% in Simply One Week: Lookonchain – The Every day Hodl

    By Crypto EditorMay 16, 2025No Comments3 Mins Read
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    Blockchain monitoring platform Lookonchain says a crypto dealer has turned lower than ten thousand {dollars} into tens of millions in only one month by betting on a crypto challenge constructed within the Solana (SOL) ecosystem.

    In accordance with Lookonchain, the unidentified dealer bought the native token of the social finance (SocialFi) crypto challenge Launch Coin on Consider (LAUNCHCOIN) price roughly $9,075 and turned it into $4.7 million, a 517x return.

    Supply: Lookonchain/X

    Lookonchain additional says one other dealer, pseudonymously often called Pow, has recorded an over 7x return on LAUNCHCOIN.

    “From close to zero to $2.7 million — absolute legend!

    Three months in the past, @traderpow spent 1,466 SOL ($367,000) to purchase 17.66 million LAUNCHCOIN, solely to observe it crash roughly 99%.

    However he held on.

    Now, with LAUNCHCOIN breaking a $150 million market cap, his 17.66 million LAUNCHCOIN is price $2.7 million!”

    Supply: Lookonchain/X

    The blockchain monitoring platform can also be highlighting a dealer who recorded a loss working into a whole lot of hundreds of {dollars} following a stoop within the worth of LAUNCHCOIN about three months in the past.

    “If this dealer had been extra affected person, he might have made $7.3 million as an alternative of shedding $800,000.

    Three months in the past, he purchased 45 million LAUNCHCOIN close to the highest, spending roughly $828,000.

    However shortly after, LAUNCHCOIN crashed by over 90%.

    He bought all 45 million LAUNCHCOIN (now valued at $8.2 million) for less than $29,000 at a lack of $800,000.”

    Supply: Lookonchain/X
    Supply: Lookonchain/X

    LAUNCHCOIN is buying and selling at $0.191 at time of writing, up by 7,000% from the Could eighth low of $0.00269. LAUNCHCOIN at the moment ranks 316th by market cap, which is barely over $195 million.

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    Disclaimer: Opinions expressed at The Every day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your accountability. The Every day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Every day Hodl an funding advisor. Please be aware that The Every day Hodl participates in affiliate marketing online.

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