A Solana meme coin trader transformed an initial investment of $5,500 in the newly launched GOAT token into over $1.5 million within a week. The token saw a staggering rise of 76,480%, reaching a market cap close to $290 million shortly after its launch. The GOAT token was inspired by musings from a Twitter-based AI chatbot and garnered attention after a prominent endorsement by Marc Andreessen. After securing profits by selling gradually, the trader has cashed out $1.1 million and still holds $413,000 in GOAT. This dramatic success contrasts with previous examples of traders missing out on substantial gains, further highlighting the unpredictable nature of the meme coin market.
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