Meme Coin Trader Makes Astonishing 64,891% Profit in Just 5 Days Flipping Solana-Based WIF
Reflection, a well-known crypto personality, has recently discovered a crypto wallet that experienced an extraordinary growth from $5,600 to $184,969 within a span of five days. This remarkable achievement was made possible by flipping meme coins on the Solana blockchain, as revealed by Reflection through his on-chain analysis.
According to Reflection’s findings, the wallet owner primarily earned substantial profits through the popular Solana-based meme coin called WIF. It was noted that the wallet owner had insider information and was among the first to invest in the WIF token.
Upon analyzing the wallet’s activities, Reflection discovered that the initial purchase of WIF tokens was valued at $287, resulting in a mind-boggling profit of 64,891%, equating to $184,969.32 in gains. Further examination exposed that the user received a staggering three million WIF tokens during the initial purchase. The user smartly opted for a strategy of gradually selling small portions of the holdings, ranging from 100x to 1,000x.
Additionally, it was observed that the user successfully utilized smart wallets and sniper bots for trading decisions. The use of sniper bots, along with the user’s own determination, contributed to their impressive gains throughout the trading period.
TradingView data for WIF revealed a substantial rally of over 720% between January 9 and 18 of this year, although it has since slowed down. At the time of writing, the meme coin is trading at $0.2230, dropping from its yearly high of $0.5445.
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