According to Lookonchain, an impressive trading feat was accomplished recently. They recounted how one savvy investor tutned an initial investment of just 198 SUI tokens—equivalent to $368—into $2 million in just three days through trading the $HIPPO memecoin on the Sui blockchain.
Read Also: Can SUI Token Overtake Solana (SOL) This Bull Run?
They detailed the process: three days ago, this investor purchased 253.5 million $HIPPO tokens. He sold 119.6 million of those tokens for 175,000 $SUI, which amounted to approximately $325,000. This left him with 133.9 million $HIPPO tokens, now valued at around $1.7 million.
In total, this trader made a profit of nearly $2 million from his initial investment in the $HIPPO memecoin within a mere three days.
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