Markets· ★★· neutral·

Trader turns $848 into $282K on Solana memecoin Kimchi in two hours

  • —Entry: 8 SOL ($848) for 9.91 million Kimchi
  • —Sold 4.88 million Kimchi for 1,045 SOL ($111,000)
  • —Still holds 5.03 million Kimchi worth about $171,000
  • —Total profit near $282,000, a 332x return
Why it matters: Another case of extreme Solana memecoin volatility, where early entries can deliver hundreds of times the initial stake before liquidity dries up.
Source: PANews