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Cryptocurrency News Articles

Little-Known Token in the SocialFi Space Is Making Waves After Delivering Astronomical Returns to a Handful of Early Backers

May 23, 2025 at 01:00 pm

Built on the Solana blockchain, LAUNCHCOIN has transformed modest bets into multi-million dollar windfalls in just weeks.

Little-Known Token in the SocialFi Space Is Making Waves After Delivering Astronomical Returns to a Handful of Early Backers

A little-known token in the SocialFi space is making waves after delivering astronomical returns to a handful of early backers.

Built on the Solana blockchain, LAUNCHCOIN has transformed modest bets into multi-million dollar windfalls in just weeks.

One trader, tracked by blockchain analytics firm Lookonchain, reportedly cashed out with $3.46 million after investing around $10,000 in LAUNCHCOIN less than a month ago.

Another wallet turned $8,200 into over $4 million in just 22 days by buying early when the token’s market cap was still under $500,000.

LAUNCHCOIN’s meteoric rise—from $0.0003 to nearly $0.25—has attracted attention across the crypto space, with a third investor allegedly flipping $9,075 into $4.7 million. The token now boasts a market cap above $239 million.

While the broader market remains volatile, these stories have reignited interest in high-risk, high-reward tokens emerging from the Solana ecosystem—especially those riding the SocialFi trend.

Original source:cryptodnes

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