A crypto millionaire known for trading Solana meme coins has made significant profits in the market. The millionaire earned $7.5 million from investing in Dogwifhat (WIF) and $1.2 million from investing in Peanut the Squirrel (PNUT). Now, he has invested in a new meme coin called Pippin (PIPPIN) for $1.5 million. Top investors in Pippin have already made millions, with the most profitable investor earning $8.48 million. The millionaire has also made profitable trades in other meme coins such as Super Trump (TREMP), MINI, and CHAOS. While meme coins can create millionaires, they come with significant risk, and success often relies on timing the market correctly. Solana is a preferred platform for meme coins due to its speed, low fees, and developer tools. Solana meme coins have accumulated over $16.6 billion in market cap. Pippin has seen a price increase of 13%, but there is a risk of a major reversal as seen with other Solana meme coins. The creator of Pippin is Yohei Nakajima, a venture capitalist with a background in AI and VC space.
- Content Editor ( crypto.news )
- 2025-01-11
New Solana meme coin Pippin rises, millionaire whale acts fast