Recently, Solana (SOL) based Dogwifhat (WIF) and many other meme tokens have made millions of dollars to their investors.
As investors continue to make money from their meme token investments, the latest news came from a Solana-based memecoin.
At this point, Lookonchain shared that an investor earned $8.36 million from PENGU trading in 20 minutes.
According to Lookonchain’s post, the anonymous investor earned $8.36 million by trading PENGU in 20 minutes.
Accordingly, at the moment PENGU was launched, an investor spent 23,742 SOL (worth $5.36 million) to purchase 239.6 million PENGU.
20 minutes later, this investor sold his PENGU tokens for $60,726 SOL (worth $13.72 million).
This investor made a huge profit by earning $8.36 million in just 20 minutes from his PENGU trade.
PENGU, which is also listed on Binance, continues to trade at $0.053.
https://twitter.com/lookonchain/status/1869013028236410900
*This is not investment advice.
