Crypto Trader Turns $458K Into $4.9M With This Meme Coin In 2 Weeks, Here’s All

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A trader specializing in cryptocurrencies multiplied an initial investment of $458,000 into a staggering $4.9 million within merely two weeks, thanks to Swarms – an AI-enhanced meme coin operating on the Solana platform. This incredible growth represents a near 10-fold increase, underscoring the meteoric rise of meme coins built on Solana. Boasting military-grade encryption and secure communication capabilities through SwarmShield, the AI token has garnered substantial interest within the cryptocurrency industry. However, it’s worth noting that the swarms token experienced a 25% decline over the past day, despite its recent upward trend.

Crypto Trader Makes $4.9M Profit in With Swarms Token

Starting on January 11, Lookonchain disclosed that a shrewd crypto investor managed to amplify an initial investment of $458K into a staggering $4.9M within two quick weeks through swarm trading. According to Solscan’s records, the investor initially acquired 20 million tokens for $458K. More recently, they offloaded 5 million tokens for 7,232 SOL, which equates to a value of approximately $1.35M. Meanwhile, they continue to hold onto the remaining 15 million tokens, currently valued at around $4.02M.

Swarms empowers SwarmShield, a system offering military-level encryption, secure communication control, and auditing for complex multi-robot networks. These cutting-edge capabilities have sparked considerable attention in AI-themed cryptocurrencies, distinguishing them from other meme coins. The increasing profits among crypto traders underscore the rising allure of novel tokens that blend technology with pop culture, captivating prominent investors.

Crypto Whale Profit Reflects Growing Interest in Solana Meme Coins

The substantial earnings of the cryptocurrency trader underscore the rising curiosity towards popular Solana meme coins such as swarms. These digital tokens have garnered significant attention within the broader expansion of the Solana network. As this platform expands, the escalating popularity of meme coins is fueling investor optimism and stimulating trading activity in the Solana market.

Furthermore, a significant crypto investor, known as a ‘crypto whale’, has been acquiring large quantities of the AI16Z token and invested $12,800 when its total value was approximately $336 million. This action indicates the growing interest in AI-driven meme coins within the Solana network. With SwarmShield’s impressive features and rising market recognition, the AI coin has emerged as a top performer, sparking curiosity among traders aiming to profit from Solana’s bustling meme coin sector.

A $ai16z whale just bought $12.80K of $swarms at $336.71M MC

— Whale Watch (@whalewatchalert) January 10, 2025

Solana Ecosystem and SOL Price

The price of SOL stood at around $186 today, marking a decrease of about 3% over the past 24 hours. Its lowest and highest points within this period were $183 and $193 respectively. With a market capitalization of $90 billion and trading volume of $3.4 billion, the growing popularity of the Solana network is evident, as more people express interest in its ecosystem, even meme coins are being considered.

Despite a 25% decrease in Swarm’s price over the past day to $0.267, its massive profit remains for crypto traders. The market capitalization of this crypto stood at $265 million, with a trading volume of $212 million. Interestingly, Swarm has seen a 40% increase in the last week and a staggering 70% growth over the past month.

The popularity of meme coins based on the Solana platform is surging, as some tokens have seen remarkable growth over the past month. According to Coingape, major crypto investors are heavily investing in coins like WIF and POPCAT, which underscores the growing trend of meme coins on Solana. The sustained interest in meme coins within the Solana community indicates that this momentum will likely continue, drawing in more investors and traders to the network.

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2025-01-11 13:15