Trader on Solana Earned $4.6 Million from Meme Coins KIND and Bagwork

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Trader on Solana Earned $4.6 Million from Meme Coins KIND and Bagwork

An unknown trader operating under the pseudonym soloxbt.sol in the Solana network managed to achieve an impressive profit of $4.6 million through trading meme coins. His investment strategy in two tokens—KIND and Bagwork—allowed him to multiply his initial deposit by tens and even hundreds of times.

This is reported by Finway

Impressive Results with KIND and Bagwork

According to the analytical platform Lookonchain, the trader invested 34.3 SOL (approximately $6,900) to purchase 25.08 million tokens of KIND. He sold part of this asset for 218.8 SOL (about $52,800), while the remaining 22.2 million KIND is currently valued at $656,600.

Regarding the Bagwork token, the investor spent 19.6 SOL (around $4,400) and sold 12.78 million tokens for 1,420 SOL (nearly $347,600). The trader still holds 11.09 million Bagwork, with a total value of $418,800.

“It is estimated that the deposit was increased by 101 times thanks to KIND and by 174 times thanks to Bagwork.”

Total Profit and Future Achievements

Thanks to a successful meme coin trading strategy, soloxbt.sol’s total profit in the Solana network reached $4.6 million. This result highlights the high potential of cryptocurrency assets for generating significant income when approached correctly and with timely decisions.

It is worth noting that another anonymous investor in the Solana network under the pseudonym frostx.sol also achieved significant deposit growth—by 1,300 times thanks to the meme coin TROLL.