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Altcoin News

Solana Memecoin Trader Earns $23 Million Profits: Here’s How

Written By:
Dishita Malvania

Last updated: March 26, 2026 1:53 PM
Published April 26, 2024 5:07 PM
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Last updated: March 26, 2026 1:53 PM
Published April 26, 2024 5:07 PM
Solana Memecoin Trader Earns $23 Million Profits: Here’s How

A savvy trader on Solana, operating under the username “paulo.sol,” has made a fortune by riding the meme coin wave. With a keen eye for promising tokens, this trader has cashed in big time on meme-themed cryptocurrencies like Dogwifhat (WIF), Jeo Boden (BODEN), and Bonk (BONK).

What a legend!😱

paulo.sol has realized profits of $9.51M on $WIF, $7.04M on $boden and $6.28M on $BONK.

1/ Let's dig into his trades to see what he's buying.👇 pic.twitter.com/2axUwHb3el

— Lookonchain (@lookonchain) April 26, 2024

Starting back in November 2023, paulo.sol saw the potential in BONK and jumped in early, making smart moves to buy low and sell high. This strategy paid off handsomely, netting a cool $6.28 million in profits from BONK alone.

But paulo.sol didn’t stop there. Seeing the rising trends in WIF and BODEN, this trader waited for the perfect moment to strike. Buying in when the tokens began to show upward momentum, paulo.sol turned $9.51 million in profits from WIF and $7.04 million from BODEN.

In total, paulo.sol has amassed over $22.83 million by flipping meme tokens on Solana. And while already banking millions, this trader still holds onto $7.6 million worth of BODEN and $5.7 million worth of WIF.

With an eye for the next big thing, paulo.sol has set sights on new meme coins. Pup (PUPS) and Popcat (POPCAT) have caught the trader’s attention, resulting in investments of $1.77 million in POPCAT and nearly $6 million in PUPS, making paulo.sol the largest holder of PUPS tokens on Solana.

In the fast-paced world of crypto, paulo.sol’s success story is a testament to strategic trading and spotting trends before they explode. Who knows what the next big move will be? But one thing’s for sure, paulo.sol will be ready to capitalize on it.

Also Read: Solana ‘Chapter 2’ Airdrops May Offset Phone Costs

Disclaimer: The information researched and reported by The Crypto Times is for informational purposes only and is not a substitute for professional financial advice. Investing in crypto assets involves significant risk due to market volatility. Always Do Your Own Research (DYOR) and consult with a qualified Financial Advisor before making any investment decisions.

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TAGGED:MemecoinSolana (SOL)
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Dishita Malvania - Senior crypto journalist at The Crypto Times
By Dishita Malvania
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Dishita Malvania is a Crypto Journalist with 3 years of experience covering the evolving landscape of blockchain, Web3, AI, finance, and B2B tech. With a background in Computer Science and Digital Media, she blends technical knowledge with sharp editorial insight. Dishita reports on key developments in the crypto world—including Litecoin, WazirX, Solana, Cardano, and broader blockchain trends—alongside interviews with notable figures in the space. Her work has been referenced by top digital media outlets like Entrepreneur.com, The Independent, The Verge, and Metro.co, especially on trending topics like Elon Musk, memecoins, Trump, and notable rug pulls.

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