Meme Coin Presale Investor Makes $1.41 Million Profit by Depositing $1.55 Million MEME on Binance

IconCryptoNewsTerminal Staff02 Aug, 2024

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Meme Coin Presale Investor Makes $1.41 Million Profit by Depositing $1.55 Million MEME on Binance

Blockchain analytics firm Lookonchain revealed via Twitter that a meme coin (MEME) presale investor recently deposited 127.5 million MEME ($1.55 million) onto Binance, turning a $1.41 million profit. Meme coins continue to gain popularity among certain crypto enthusiasts. These coins, typically created for entertainment purposes, have experienced significant growth in value and trading volume. However, it's important for investors to exercise caution and conduct thorough research before investing in any cryptocurrency.