A Solana trader named XCkM made an investment of $80,000 in the memecoin AURA, which quickly led to a massive increase in value and turned his investment into $1.2 million. AURA gained popularity due to its connection with a viral TikTok meme. However, the memecoin market crashed soon after, causing XCkM's investment to drop to $91,000. This highlights the risks associated with investing in cryptocurrencies.
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