A savvy crypto trader has raked in a massive profit after a Solana-based memecoin, Beercoin (BEER), skyrocketed over 1,200% in just three weeks.
Pre-Sale Participant Pockets $1.3 Million
According to blockchain tracking firm Lookonchain, a pre-sale participant in BEER has made a staggering $1.3 million in profit. The trader invested $50,000 in the pre-sale and received 3.38 billion BEER tokens.
Massive Gains in Pendle
Another crypto whale has seen substantial profits in Pendle (PENDLE), a token that allows users to tokenize and sell future yields. The whale has made a total profit of $22.8 million (+834%) on an initial investment of $3.83 million.
1,110% Profit in Mother Iggy
A third crypto investor has also enjoyed a remarkable return on investment. They purchased 50.35 million Mother Iggy (MOTHER) tokens for $777,000 and have held them until now, resulting in a current value of $9.4 million (1,110% profit).
