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Crypto Trader Books 346x Profit on Solana-Based Altcoin That’s Exploded 71,164% in a Month: Lookonchain – The Daily Hodl

22 May 2025
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Blockchain monitoring agency Lookonchain says a dealer is reaping handsomely after having a bet on a social finance (SocialFi) crypto challenge constructed within the Solana (SOL) ecosystem.

In line with Lookonchain, a dealer pseudonymously referred to as E4Rued has booked a revenue of 34,500% on a stash of Launch Coin on Imagine (LAUNCHCOIN) acquired lower than a month in the past.

“28 days in the past, E4Rued withdrew roughly $10,000 from Binance to purchase LAUNCHCOIN earlier than it surged.

Then offered all LAUNCHCOIN for $3.46 million and deposited the funds again into Binance.”

Supply: Lookonchain/X

Launchcoin is buying and selling at $0.248 at time of writing, up by 71,164% from the April twenty second low of $0.000348.

The blockchain monitoring agency can also be highlighting one other dealer who has recorded huge features on the Solana-based SocialFi crypto challenge in a bit of over three weeks.

“A dealer made greater than $4 million with solely $8,191 in simply 22 days — a 500x return!

After greater than 4 months of inactivity, the dealer immediately withdrew 68.8 SOL from Binance 22 days in the past and spent 54 SOL ($8,191) to purchase 14.62 million LAUNCHCOIN — when its market cap was below $500,000.”

Image
Supply: Lookonchain/X

The present market cap of LAUNCHCOIN is a bit of over $239 million.

Final week, when LAUNCHCOIN’s market cap was round two-thirds of the present degree, Lookonchain highlighted a dealer who made a 51,690% acquire on the SocialFi altcoin.

“This man turned $9,075 into $4.7 million — a 515x return. Legend!

A month in the past, he spent $9,075 to purchase 20.3 million LAUNCHCOIN, which is now value $4.7 million.

He can retire early now.”

Image
Supply: Lookonchain/X

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Disclaimer: Opinions expressed at The Each day Hodl are usually not funding recommendation. Traders ought to do their due diligence earlier than making any high-risk investments in Bitcoin, cryptocurrency or digital property. Please be suggested that your transfers and trades are at your individual threat, and any losses it’s possible you’ll incur are your duty. The Each day Hodl doesn’t suggest the shopping for or promoting of any cryptocurrencies or digital property, neither is The Each day Hodl an funding advisor. Please observe that The Each day Hodl participates in internet affiliate marketing.

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Tags: 346xAltcoinBooksCryptoDailyExplodedHodlLookonchainMonthprofitSolanaBasedTrader
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