Meme coin season just got wilder, and some degens are walking away loaded. One anonymous crypto gambler bagged a jaw-dropping profit of $450,000 off a $140 punt on the newly minted Pochita token. But, for reasons only known to the crypto gods, they haven’t sold the bulk of it yet. What was once a gamble on a meme coin has morphed into a treasure chest of unrealized gains.
The Meme Coin That Could
It all started when the famous dog behind Solana’s BONK got a new playmate, Pochita, on Wednesday. That news sparked a frenzy, leading to several meme tokens appearing almost instantly. This kind of chaos isn’t new in crypto, where meme coins come and go, but one Pochita token surged above the rest, lighting up charts like a block on fire.
Wallet address “AjwF” made the big move, dropping 1 SOL (about $140) just over a minute after the token launched on Pump.fun. This wasn’t just any buyer—they were the 19th wallet to bet over 0.05 SOL on this speculative coin. What happened next was crypto magic: the token shot up, pushing the trader’s bag to a jaw-dropping $450,000 in under 24 hours. They had picked the one meme token that avoided getting rugged.
But that’s not the wildest part. This same wallet had already bought, flipped, and ditched two other Pochita tokens just seconds earlier. The trader’s crypto sixth sense kicked in, though, because they decided to hold onto this one despite the market madness swirling around them.
The Slippage Trap
The Pochita token soon rocketed to a $22 million market cap before dipping back 45% from its high. As the largest holder, with 2.18% of the supply, AjwF now finds themselves in a tricky spot. If they offload all at once, the market’s going to crash harder than a failed token presale because they’re holding such a massive chunk. Slippage would obliterate their profits.
Instead, they’re doing what any cautious whale would do—splitting the Pochita tokens across multiple wallets, spreading the risk. Bubblemaps confirmed that early buyers don’t seem to be linked, signaling that no insiders are gaming the system. However, the risk of a meme coin collapse still looms large, as AjwF has yet to exit. This looks like a game of waiting to see if the market heats up again before it cools forever.
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