ELON Meme Coin Early Holder Sees 600x Gain, Entered Position at $17k Market Cap
BlockBeats News, January 30, according to GMGN monitoring, the address ranked second on the Solana ecosystem Meme coin ELON holding list (8nxf…) is one of the early investors. When the market cap of ELON was only about $17,600, this address invested around $593 to build its position. With the price increase, its total holding profit has now risen to about $200,000, with a return on investment of 600x.
Previously, when the market cap of ELON was around $1.65 million, this address sold nearly half of its holdings, realizing some early profits. Currently, it still holds about 1.62% of the circulating supply and has not sold further. The current market cap of this Meme coin is reported to be $11 million, with a current price of about $0.011.
BlockBeats reminds users that Meme coin trading is highly volatile, heavily dependent on market sentiment and speculative hype, with no real value or use case. Investors should be aware of the risks.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Powered by the M6 chip! The new Apple iMac’s AI performance is boosted by 5 times, starting at 12,499 yuan
Apple intensively released new products this week, launching the 24-inch iMac equipped with the M6 chip (starting at 12,499 yuan) and the 14-inch entry-level MacBook Pro (starting at 15,999 yuan), which will officially start shipping on November 6. The M6 chip brings a fivefold improvement in AI performance and a 30% increase in graphics processing speed. In addition, Apple will release its first-ever touchscreen MacBook Pro this Wednesday, featuring an OLED display and a lightweight design.
ASM surges! 2027 revenue target raised by 24%, announces up to 300 million euros share buyback plan | Earnings Report Highlights
ASM's Q3 revenue reached 1.16 billion euros, up 44% year-on-year, and net profit was 310 million euros. Both figures exceeded market expectations. The company raised its 2027 revenue target by approximately 24% to over 5.7 billion euros, compared with the previous forecast in July of over 4.6 billion euros. ASM also announced a share buyback plan of up to 300 million euros. The CEO stated that market demand is very strong and customers are accelerating capacity expansion. ASM ADR surged by 7%.
Crypto prices
More
