Memecoin trade delivers a 1,885-fold return

A trader turned $269 into $508,000 in four hours by trading the Large Language Model (LLM) memecoin, analysts at Lookonchain observed. 

This guy turned $269 into $508K in just 4 hours—a 1,885x return!

He spent only 1.37 $SOL($269) to buy 23M $LLM on https://t.co/DrKlYnPhBq.

About 4 hours later, $LLM skyrocketed, and he sold all 23M $LLM for 2,594 $SOL($508K).

An impressive return!https://t.co/N0LBeE8m5T pic.twitter.com/jJzMO2zDwP

— Lookonchain (@lookonchain) January 8, 2025

The user spent 1.37 SOL ($269) to buy 23 million LLM on Pump.fun. Within hours, the token’s price surged and the trader sold the coins for 2,594 SOL ($508,000), a 1,885x return. 

LLM’s 24-hour price rose 127%, according to CoinGecko. At the time of writing, the coin trades at $0.1127. 

In early January, the market capitalization of AI-themed memecoins exceeded $11 billion.