In one of the most dramatic wealth flips seen this year, a crypto trader has reportedly transformed a modest four-figure investment into millions—thanks to the meteoric rise of a Solana-linked SocialFi project.
According to data from Lookonchain, the anonymous investor bought just over $9,000 worth of LAUNCHCOIN, the native token of Launch Coin on Believe, a social finance initiative built on the Solana blockchain.
As the token’s value skyrocketed, that small bet swelled into a staggering $4.7 million—delivering a return of more than 500x in just a month.
But this wasn’t the only jaw-dropping turnaround. Another trader, known by the alias “Pow,” saw his holdings rebound after nearly collapsing.
He initially invested 1,466 SOL (around $367,000) for 17.66 million LAUNCHCOIN tokens, only to watch them plummet by 99%.
Rather than selling at a loss, Pow held firm—and was rewarded when the project’s market cap surged past $150 million, ballooning his position to a value of $2.7 million.
These outsized gains underscore the high-risk, high-reward nature of Solana’s fast-moving token ecosystem, where fortunes can collapse—or compound—virtually overnight.
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Alexander Stefanov
