Public chain Solana (SOL) has been performing strongly since mid-October, with prices continuing to rise. It surged from $23 to $116, and the upward momentum continues. The Solana ecosystem and related Meme coins have also received widespread attention from the market.

Solana’s reverse Meme coin Analos has skyrocketed

Recently, the price of the Meme token “Analos” in the Solana ecosystem has been on an upward trend. The name of this token is very simple, just Solana spelled backwards, and does not have an overly complicated storyline. However, this simplicity and directness attracted the market's attention. According to data from Coingecko, in just 4 days since Analos went online, its price has increased by nearly 2,900%, and within 24 hours it has increased by more than 110%, bringing its price to $0.00192381.

The myth of getting rich from US$900 to US$3.47 million

According to Lookonchain data, a trader made a profit of US$900 to US$3.47 million in just 4 days by trading $ANALOS, earning An astonishing increase of more than 3,800 times.

He first purchased 2.6 billion $ANALOS for 12 $SOL (equivalent to $900). Then, he successfully sold 1.45 billion $ANALOS for $1.43 million USDC. Despite having $ANALOS remaining unsold, he has already made a huge profit.

Currently, this trader still holds 1.12 billion $ANALOS, estimated to be worth approximately $2.04 million, which means that his total profit is close to $3.47 million.

In fact, Analos’ followers are not limited to retail investors. Recently, Analos announced a significant $1 million investment from well-known hedge fund Gotbit Hedge Fund. The funds will be used to launch a massive token buyback program, with all $ANALOS bought back into the Analos vault. The team stated that these tokens will be used for a series of future activities, including listing new exchanges, marketing activities and airdrops, to promote the development of the entire project.

The above is the detailed content of Analos, the Meme coin on the Solana chain, experienced a violent increase of 2900%! One trader's holdings of $900 jumped to $3.47 million. For more information, please follow other related articles on the PHP Chinese website!