A meme coin trader known as "paulo.sol" has made over $22 million trading meme tokens on the Solana blockchain. According to Lookonchain's analysis, the trader made profits from assets such as Dogwifhat (WIF), Jeo Boden (BODEN) and Bonk (BONK).
He began investing in BONK in November 2023, watching it grow, and adopted a strategy of buying during dips and selling during peaks. This resulted in an accumulation of approximately $6.28 million in profits from BONK trading.
The trader also saw potential in WIF and BODEN, and began accumulating these tokens during their growth. As a result, he made a profit of $9.51 million from transactions with WIF and $7.04 million from transactions with BODEN.
In total, the trader earned about $22.83 million from transactions with meme tokens on the Solana blockchain.