Long.xyz Founder Turns $3,800 in Artificial Inu Memecoin Into $2.92M
- —Invested $3,800; position now valued at $2.92 million, a 758-fold gain
- —The purchase was made when Artificial Inu's market cap was $219,800
- —Nate's total holdings are valued at $6.38 million, 54% from other addresses
- —The tokens have not been sold and no profit has been realized
Why it matters: Another example of outsized memecoin returns, but the profit is unrealized and depends on the token's volatile price.
Source: TokenPost