A crypto trader has made a fortune on a Solana-based memecoin called Jeo Boden (BODEN).
Initial Investment
Two days after BODEN’s launch, the trader bought 12.08 million tokens for $530,000 worth of SOL.
Profitable Sales
On April 6th and 9th, the trader sold 9.08 million BODEN for $4.06 million, netting a profit of $3.53 million.
Unrealized Gains
The trader still holds 3 million BODEN, worth $2.38 million at current prices.
Overall Profit
Including realized and unrealized gains, the trader has made over 11x their initial investment.
BODEN’s Performance
BODEN has surged over 2,500% in the past month, despite a recent 6% dip.
Solana’s Performance
Solana, the blockchain that hosts BODEN, is down slightly in the past 24 hours but up over 15% in the past month.
