"Pergh in a short period of time you have made millions, if everyone is lucky like this they must have become rich."
Only capitalized $13,000, one person traders currency crypto who made a profit of 15,700% was successful generated $2 million on April 3 yesterday after investing in memecoin Donotfomoew (MOEW) printed on the Base blockchain.
Explained further, traders it acts fast bought 499.9 million MOEW using 4 Ethereum (ETH) in just 10 minutes right after the memecoin was listed on the decentralized exchange (DEX).
Less than an hour later, the trader sold 111.65 MOEW for 99 ETH worth $328,000 then now only holds 388.24 million MOEW worth $1.76 million.
Created by Bitget Wallet, its team revealed The cat-themed MOEW is just for fun and nothing too serious follow up they want to see what power can do memes.
However, MOEW is strong and now has a market cap of $31 million but in response to the price action, Bitget Wallet is telling users not to FOMO and 50% of MOEW is for the addition of Liquidity Provider Token (LP) then another 50% airdrop .
It is common knowledge that the 8,000 addresses that receive MOEW while the airdrop is in progress are only eligible for users who hold enough BWB points for the airdrop token BWB wallet exchange.
Within six weeks, users can earn BWB points that can be exchanged for BWB tokens that will come in the second quarter through holdings in the Bitget Wallet or performing cross-chain in-app exchanges.
On the opposite side, Jeo Boden (BODEN) which is a memecoin parody Solana (SOL) of United States (US) President Joe Biden has passed $250 million in market cap while Taiwanese music celebrity Machi Big Brother's memecoin SOL also saw significant price action after a pre-sale of $40 million.