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Lookonchain: Trader earned $3.3 million on PORK Meme Tokens in three days
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Lookonchain: Trader earned $3.3 million on PORK Meme Tokens in three days

Feb 3, 2024

Analytics service Lookonchain has presented the success story of an anonymous investor who managed to earn $3.3 million in a short period of time with meme tokens PORK. Initially, this trader invested 5 ETH, equivalent to approximately $12,000, in PORK. Later, they sold 6.3 trillion tokens, acquiring ETH, resulting in a net profit of $765,000. After the transaction, the trader retained 3.2 trillion meme coins, which were valued at around $2.55 million at that time.

PORK is a meme coin inspired by another meme project, PEPE, which brought significant profits to lucky investors in 2023. Currently, PORK is available for trading on the Uniswap and MEXC platforms.

Among the events related to PORK, it is worth noting that on Wednesday, January 31st, the coin's price surged by more than 450%. Dexscreener data showed that the total supply of PORK is 420 trillion tokens, and the top ten largest holders control over 15% of the total volume.

Lookonchain subscribers have speculated that the success of this anonymous trader may be linked to insider information.

Recently, Lookonchain analysts also highlighted the success of another trader who earned a substantial amount with SNOW meme tokens, making $651,000 in less than a day, exceeding the initial investment by 220 times.

In addition, Lookonchain previously reported on an investor who earned $1 million by investing in TROLL tokens. This cryptocurrency saw a price spike after a tweet by the eccentric billionaire Elon Musk.

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