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Reading: Kid Brother Achieves $53,700 Profit in Memecoin Ventures
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COINTURK NEWS > Meme Token > Kid Brother Achieves $53,700 Profit in Memecoin Ventures
Meme Token

Kid Brother Achieves $53,700 Profit in Memecoin Ventures

In Brief

  • The Solana $ (SOL) ecosystem’s low transaction fees have placed an altcoin project at the center of memecoin hype. The platform Pump.fun, based on Solana, allows users to create memecoins with just one click. The recently added “Stages” live-stream feature at the end of August enables coin creators to interact with users. A user known […]
Ömer Ergin
Ömer Ergin 6 months ago
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The Solana $176 (SOL) ecosystem’s low transaction fees have placed an altcoin project at the center of memecoin hype. The platform Pump.fun, based on Solana, allows users to create memecoins with just one click. The recently added “Stages” live-stream feature at the end of August enables coin creators to interact with users. A user known as “Kid Brother” recently launched a token called Quant on Pump.fun, exciting investors.

Contents
Kid Brother Gains $29,600 from Quant TokenKid Brother’s Additional Token Success

Kid Brother Gains $29,600 from Quant Token

Kid Brother announced the Quant token sale via a live stream. The token was enthusiastically received and quickly captured the community’s attention. A video shared by social media user Qwerty showcased Kid Brother’s reactions to the price increase, entertaining viewers.

According to on-chain data, Kid Brother purchased 51.1 million tokens of Quant for $349.4. He sold all his assets when the token price reached $0.000586, achieving a net profit of $29,600. However, shortly after this sale, the price surged to $0.0606. If Kid Brother had sold at this level, he could have made a profit of $3.09 million.

Kid Brother’s Additional Token Success

In addition to Quant, Kid Brother launched two more tokens: “lucy” and “sorry.” These two tokens generated profits of $11,600 and $12,500, respectively. In total, Kid Brother earned approximately $53,700 from all three tokens.

Currently, the Pump.fun community discusses Kid Brother’s success. Experts point out that Solana’s low transaction fees facilitate the creation of new token projects. Kid Brother’s achievements underscore the potential of individual entrepreneurs in the memecoin arena.

You can follow our news on Telegram, Facebook, Twitter & Coinmarketcap
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that cryptocurrencies carry high volatility and therefore risk, and should conduct their own research.

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Ömer Ergin 20 November, 2024 - 2:32 pm 20 November, 2024 - 2:32 pm
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