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    Home»Cryptocurrency»Trader Became Paper Millionaire With This Meme Coin
    Cryptocurrency

    Trader Became Paper Millionaire With This Meme Coin

    Team_SimonCryptoBy Team_SimonCryptoAugust 5, 2025No Comments3 Mins Read
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    TL;DR

    • Because of their risky nature, meme cash have created one other success story, turning a comparatively small funding into a large fortune.
    • That exact nature, nevertheless, has additionally led to quite a few crashes up to now, so merchants must be cautious when coping with them and never comply with and make investments blindly.

    From $22.8K to $2.48M in simply 3.5 months — a 109x return!

    This dealer spent $22.8K to purchase 27.86M $TROLL 3 months in the past, offered 1.28M for $16.2K and nonetheless holds 26.57M $TROLL($2.48M).

    With $TROLL‘s latest surge, his place has flipped over 100x — almost $2.48M in revenue!… pic.twitter.com/VqfyXTJKtd

    — Lookonchain (@lookonchain) August 5, 2025

    This explicit instance of considerable ROI comes from the meme coin TROLL. Presently, the asset has a market capitalization of simply over $100 million, inserting it throughout the prime 500 alts by that metric.

    Primarily based on the Solana community, it’s a meme coin impressed by the web trolling tradition, designed for “leisure and neighborhood engagement with no intrinsic worth.”

    Though the outline acknowledges that it lacks intrinsic worth, this hasn’t stopped sure merchants from investing hundreds of thousands in it, remodeling it right into a extremely widespread lower-cap meme token.

    The nameless dealer noticed by Lookonchain spent slightly below $23,000 to build up 27.86 million cash over three months in the past. They disposed of a small portion virtually instantly, maybe to cowl a big a part of their preliminary funding amid the primary value pump, however now maintain over 26.5 million tokens.

    Given TROLL’s huge surge up to now few months, because the asset is up by 570% since July 5 alone, the dealer’s fortune has skyrocketed to be price virtually $2.5 million on the time of Lookonchain’s submit.

    Such spectacular returns aren’t remoted occasions within the cryptocurrency business, particularly within the meme coin house. You could find one other related instance here.

    Nevertheless, their infamous volatility has additionally resulted in painful value crashes which have worn out hundreds of thousands in unrealized revenue, corresponding to this trader who went from a paper revenue of $5.2 million to a $335,000 loss in months.

    Meme cash are inherently risky as they have an inclination to react extra dramatically to bull runs and bear markets. Merchants mustn’t simply FOMO in based mostly on just a few success tales. They should do their very own analysis and allocate funds to memes they’re ready to lose.

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