Solana Trader Turned $80K Into $1.2 Million & Then Lost It All
Solana memecoin trader ( 6K2d9 ) was early to the memecoin, AURA, making their first purchase just a day after its launch on 31st May. Over the next two months, they continued to buy into the memecoin, with their largest purchases in early July in two clips worth almost $60K in SOL, or 3.265M AURA tokens. At this point, 6K2d9 had acquired 15,940,650 AURA tokens with $86,587.84. As AURA gained traction and climbed to a valuation of $76M, his position grew as well, peaking at a value of $1.178M, or a 13.6x return in just 2 months.
Unfortunately for them, they chose to hold the majority of their AURA tokens, transferring them into another wallet ( XCkMA ), where they continue to baghold their position today. Today, the 16M AURA tokens on their wallet is now worth only $141.41K. While the token has fallen 87% from its highs, this Solana memecoin trader is still up 63% on their initial investment.
Nevertheless, 6K2d9 remains undeterred and continues to trade deep in the Solana trenches, trading both low and high cap memecoins. Most notably, they recently acquired a $1M position in WIF which is currently worth $981.47K.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Hackers are targeting Australia’s largest pension funds
Share link:In this post: Hackers targeted major Australian superannuation funds, stealing $500,000 from a few accounts and exposing personal data. Authorities and financial institutions are responding to the breach, urging members to check accounts and update passwords. Credential stuffing using stolen passwords is suspected in the attacks, prompting warnings to use unique logins and enable multifactor authentication.
Meta to end third-party fact-checking in U.S. on April 7
Share link:In this post: Meta will shut down its U.S. third-party fact-checking program on April 7, 2025, ending partnerships with groups like PolitiFact. It will be replaced by Community Notes, a system that lets users add context to posts without triggering penalties. Zuckerberg criticized the old system as biased and overly censorious, and said the change aims to support free speech. Meta is also relocating its moderation teams to Texas, a move some experts say is politically motivated.
Crypto Today: Altcoins Find New Buyers as Microsoft, Apple and Nvidia Lose $1 Trillion in 3 Days
Cardano Approaching First Death Cross: What’s Next for ADA Price?
Trending news
MoreCrypto prices
More
