{"id":26780,"date":"2023-12-18T09:47:53","date_gmt":"2023-12-18T09:47:53","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/crypto\/trader-gambles-226k-on-solana-memecoin-gets-to-1-69m-in-five-days\/"},"modified":"2023-12-18T09:47:56","modified_gmt":"2023-12-18T09:47:56","slug":"trader-gambles-226k-on-solana-memecoin-gets-to-1-69m-in-five-days","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/crypto\/trader-gambles-226k-on-solana-memecoin-gets-to-1-69m-in-five-days\/","title":{"rendered":"Trader gambles $226k on Solana memecoin, gets to $1.69M in five days"},"content":{"rendered":"
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The Solana (SOL) memecoin frenzy continues as a trader turns $226,000 into well over $1.6 million by gambling on a token with a beanie-wearing dog as its mascot.\u00a0<\/p>\n
Between Dec. 13 and Dec. 15, a crypto trader bought over 19 million Dogwifhat (WIF) tokens, a dog-themed memecoin, as it debuted on the markets within the Solana network. According to blockchain analytics firm Lookonchain, the trader bought the tokens at an average price of $0.01137. Currently, the tokens\u2019 total value hovers at around $1.69 million, making the trader about $1.47 million in profits within five days.\u00a0<\/p>\n
\nThanks to the token $WIF<\/a>, this trader turned $226K into $1.69M in 5 days.<\/p>\n
This trader bought 19.86M $WIF<\/a> between Dec 13 and 15 at an average price of $0.01137. <\/p>\n
The 19.86M $WIF<\/a> is now worth $1.69M, making ~$1.47M in 5 days.https:\/\/t.co\/7QxZwvbzBA pic.twitter.com\/xsBBOivbhW<\/a><\/p>\n