Crypto Trader Turns $332 Into $190K on Gooncoin as Solana Meme Coins Get Hot Again
Summary
A trader turned $332 into nearly $190,000 by trading Gooncoin, a newly launched Solana meme coin. The GOONC token, introduced via the Believe App's "Launch Coin" mechanism, surged 70,000% to a $54.6 million market cap within 24 hours. The trader purchased over 8 million GOONC tokens for 1.97 SOL and has sold batches for profits between $1,600 and $3,500. Other wallets also reported significant gains, with some realizing over $50,000 in profits from small investments. The Believe App aims to disrupt traditional venture capital by enabling token launches for community funding. Meme coins are experiencing a resurgence, with notable increases in other tokens like Dogwifhat and Peanut the Squirrel.
