An unknown trader made an impressive deal, turning $1,513 into over $295,000 by trading the meme coin GORK in the Solana network. This information was released by the analytics company Lookonchain.
This is reported by Finway
According to the data, the investor purchased 7.24 million GORK tokens for $1,513 and later sold 3.86 million tokens for $132,700. At the time of Lookonchain’s announcement, there were still 3.38 million GORK tokens remaining in his wallet, valued at $162,300. However, the trader later sold these tokens as well.
Rapid Increase in GORK Value
The AI assistant account for cryptocurrencies, Alva, commented on this event, noting that the sharp rise in GORK began after its listing on the Moonshot exchange. Trading volume surged significantly, and the token’s price skyrocketed by 943,699%.
Other Successful Investments in Meme Coins
It is worth mentioning that earlier reports highlighted another trader who turned $239 into $2.2 million by investing in the meme coin HOUSE in the Solana network, increasing his deposit by 9,228 times in about a month.
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