$$$ The world of digital currencies is not without risks or even profits. News has spread that a trader invested $140 to become $450,000. This is what we will talk about today in the latest news on digital currencies.

In the details of a traded investment, $140 became $450,000. A buyer of the new meme coin “Pochita” on the Solana network was able to turn $140 into $450,000 in less than 24 hours, and he still holds most of the coins.

The coin emerged and quickly rose after a popular Solana coin owner associated with Punk adopted the new coin that resembles a furry dog ​​named “Pushita” on Wednesday. The person prompted a number of crypto enthusiasts to create a slew of dog-themed coins, and Pushita emerged as a winner in this regard.

Details of a $140 traded investment that became $450,000

An anonymous investor, using a wallet starting with “AjwF,” swapped 1 Solana ($140 at the time) of the coin just one minute after it was launched on the Pump.fun platform. He was the 19th person to buy more than 0.05 SOL ($7) of the Pushita coin, which constituted a relatively large bet on the emerging coin.

The investor continued to buy and sell coins, including more Pushita coins, but held onto this coin for unclear reasons amid the initial chaos.

After about 24 hours, the held Pushita tokens had risen to a market cap of $22 million, while the discarded tokens failed to rise. As a result, 1 Solana worth of the token is now worth over $450,000, according to DEX Screener data, after AjwF sold just $450 in the hours after the initial purchase. This makes the trader the largest holder of Pushita tokens, with 2.18% of the total supply.

$140 trading investment becomes $450k

Commenting on a trader’s $140 investment that went to $450,000, blockchain data analytics firm Babel Maps said there were no clear on-chain links between early buyers, and most had already sold their coins amid the rally. This is often seen as a sign that the coin is not under insider control, though the firm cautioned that it could not be 100% certain at this point.

However, having 2.18% of the supply means that a big winner in Pushita could have a significant impact on the price if he decides to sell his coins. It is important to note that AjwF will not receive the full market value of his coins if he decides to sell in one go. As he holds a large portion of the total coins, there will be significant price slippage.

This may explain why the investor began dividing his money into different portfolios. Now, with the money stored in five separate portfolios, the trader carefully distributes his money while waiting for the perfect opportunity to sell.