Kid Brother Achieves $53,700 Profit in Memecoin Ventures

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The Solana (SOL) ecosystem’s low transaction fees have placed an altcoin project at the center of memecoin hype. The platform Pump.fun, based on Solana, allows users to create memecoins with just one click. The recently added “Stages” live-stream feature at the end of August enables coin creators to interact with users. A user known as “Kid Brother” recently launched a token called Quant on Pump.fun, exciting investors.

Kid Brother Gains $29,600 from Quant Token

Kid Brother announced the Quant token sale via a live stream. The token was enthusiastically received and quickly captured the community’s attention. A video shared by social media user Qwerty showcased Kid Brother’s reactions to the price increase, entertaining viewers.

According to on-chain data, Kid Brother purchased 51.1 million tokens of Quant for $349.4. He sold all his assets when the token price reached $0.000586, achieving a net profit of $29,600. However, shortly after this sale, the price surged to $0.0606. If Kid Brother had sold at this level, he could have made a profit of $3.09 million.

Kid Brother’s Additional Token Success

In addition to Quant, Kid Brother launched two more tokens: “lucy” and “sorry.” These two tokens generated profits of $11,600 and $12,500, respectively. In total, Kid Brother earned approximately $53,700 from all three tokens.

Currently, the Pump.fun community discusses Kid Brother’s success. Experts point out that Solana’s low transaction fees facilitate the creation of new token projects. Kid Brother’s achievements underscore the potential of individual entrepreneurs in the memecoin arena.

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