Market Cap: $3.2716T -0.720%
Volume(24h): $93.4703B -14.830%
  • Market Cap: $3.2716T -0.720%
  • Volume(24h): $93.4703B -14.830%
  • Fear & Greed Index:
  • Market Cap: $3.2716T -0.720%
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
Top News
Cryptos
Topics
Cryptospedia
News
CryptosTopics
Videos
bitcoin
bitcoin

$103198.127882 USD

-0.01%

ethereum
ethereum

$2474.409885 USD

-0.22%

tether
tether

$1.000262 USD

0.00%

xrp
xrp

$2.354016 USD

0.58%

bnb
bnb

$641.755274 USD

0.26%

solana
solana

$167.082940 USD

0.91%

usd-coin
usd-coin

$0.999882 USD

0.00%

dogecoin
dogecoin

$0.214907 USD

-0.28%

cardano
cardano

$0.738322 USD

-0.32%

tron
tron

$0.271878 USD

1.37%

sui
sui

$3.756607 USD

1.48%

chainlink
chainlink

$15.322668 USD

0.07%

avalanche
avalanche

$22.077437 USD

-1.72%

stellar
stellar

$0.285702 USD

-0.54%

hyperliquid
hyperliquid

$26.439505 USD

-1.93%

Cryptocurrency News Articles

From Modest Four-Figure Investment to Millions: How One Crypto Trader Captured the Meteoric Rise of a Solana-Linked SocialFi Project

May 17, 2025 at 11:00 pm

In one of the most dramatic wealth flips seen this year, a crypto trader has reportedly transformed a modest four-figure investment into millions—thanks to the meteoric rise of a Solana-linked SocialFi project.

From Modest Four-Figure Investment to Millions: How One Crypto Trader Captured the Meteoric Rise of a Solana-Linked SocialFi Project

In a dramatic display of crypto's fortunes, a trader has reportedly transformed a modest four-figure investment into millions thanks to the meteoric rise of a Solana-linked SocialFi project.

The anonymous investor bought $9,083 worth of LAUNCHCOIN, the native token of Launch Coin on Believe, a social finance initiative, according to data from Lookonchain.

As the token's value soared, that small bet swelled into a staggering $4.7 million, delivering a return of more than 500x in a month.

However, this wasn't the only jaw-dropping turnaround. Another trader, known by the alias "Pow," saw his holdings rebound after nearly collapsing.

He initially invested 1,466 SOL (around $367,000) for 17.66 million LAUNCHCOIN tokens, only to watch them plummet by 99% to $1,427.

Rather than selling at a loss, Pow held firm, and was rewarded when the project's market cap surged past $150 million, ballooning his position to a value of $2.7 million.

These outsized gains highlight the high-risk, high-reward nature of Solana's fast-moving token ecosystem, where fortunes can collapse - or compound - virtually overnight.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research!

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Other articles published on May 18, 2025