A Solana-based memecoin named “CTO” brought one trader a remarkable 94-fold profit. On August 1st, blockchain analytics platform Lookonchain identified a trader who purchased over 256 million CTO tokens using approximately 50 Solana, equivalent to $8,500. A mere hour later, this trader sold 227 million of these tokens for 4,771 SOL, netting an impressive $800,000 […]