Crypto Trader Turns $458K Into $4.9M With This Meme Coin In 2 Weeks, Here’s All

A crypto trader turned $458K into $4.9M in just two weeks with Swarms, an AI-powered meme coin on Solana. The investment grew nearly 10x, showcasing the rapid rise of Solana-based meme coins. Backed by SwarmShield, which offers military-grade encryption and secure communications, the AI token has gained significant attention in the crypto market. However, the swarms token dropped by 25% in the last 24 hours despite its recent surge.

Crypto Trader Makes $4.9M Profit in With Swarms Token

On January 11, Lookonchain revealed that a crypto trader turned a $458K investment into $4.9M in just two weeks by trading swarms. As per Solscan data, the trader initially bought 20 million tokens for $458K. Recently, they sold 5 million for 7,232 SOL, valued at $1.35M, while still holding 15 million tokens worth $4.02M.

Swarms powers SwarmShield, a platform providing military-grade encryption, secure communication management, and auditing for swarm-based multi-agent systems. These advanced features have driven significant interest in AI meme coins, setting them apart from other meme coins. The crypto trader’s profit highlights the growing appeal of innovative tokens combining technology with meme culture, attracting high-profile traders.

Crypto Whale Profit Reflects Growing Interest in Solana Meme Coins

The massive profit of the crypto trader highlights the growing interest in top Solana meme coins like swarms. These coins have received much attention as part of the wider boom of the Solana ecosystem. While the network grows, the increase in meme coin popularity is boosting investor sentiment and boosting Solana market trading activity.

Moreover, a crypto whale holding the AI16Z token recently started buying swarms and invested $12.8K when its market cap stood at $336M. This reflects the rising popularity of AI-powered meme coins within the Solana ecosystem. With SwarmShield’s robust capabilities and increasing market traction, this AI coin has become a standout performer, fueling interest among traders looking to capitalize on Solana’s thriving meme coin market.

Solana Ecosystem and SOL Price

SOL price was trading at $186, down approximately 3% in the last 24 hours. The token’s 24-hour low and high are $183 and $193, respectively, with a market cap of $90 billion and a trading volume of $3.4 billion. The overall growth of the Solana network reflects the increasing interest in the ecosystem, including meme coins.

However, Swarms price dropped by 25% in the last 24 hours to $0.267 despite the crypto trader’s massive profit. The crypto’s market cap stood at $265 million and trading volume was $212 million. Despite this, the token has surged by 40% in the past week and 70% in the last month.

Solana meme coins are gaining traction, with exponential growth in some tokens over the past month. Coingape reported that crypto whales are making big bets on coins like WIF and POPCAT, further signaling the rise of Solana’s meme coin trend. This continued interest in meme coins within the Solana ecosystem suggests that the momentum will persist, attracting more investors and traders to the network.