A crypto investor turned $458,000 into $4.9 million in just two weeks with Solana-based AI-powered meme coin Swarms. This investment highlights the rapid rise of meme coins in the Solana ecosystem.
Details of the Investment
The investor initially purchased 20 million Swarms tokens for 458 thousand dollars. Recently, he sold 5 million tokens for 7,232 SOL and was left with 15 million tokens. The value of these tokens was calculated as 4.02 million dollars.
Swarms is a platform powered by SwarmShield and offers features such as military-grade encryption, secure communications management, and auditing for multi-agent systems. These advanced technological features are increasing the interest in AI-powered meme coins.
The Rise of Meme Coins in the Solana Ecosystem
It was stated that despite the recent increase of the Swarms token, it has fallen by 25% in the last 24 hours. However, Swarms has gained 40% in value in the last week and 70% in the last month. The popularity of meme coins in the Solana ecosystem positively affects investor sentiment.
Whale Watch, “A $ai16z whale invested $12.80K in Swarms token.” he explained.
While Solana’s SOL price was traded at $186, down approximately 3% in the last 24 hours, the market value of the Swarms token was recorded as $265 million. The increasing market interest of Swarms token supports AI-based meme coins gaining a significant place in the Solana ecosystem.
WIF and POPCAT, other meme coins in the Solana ecosystem, also attract great attention. This shows that Solana’s meme coin market will continue to grow in the future.
The combination of AI-powered meme coins with technological innovations allows investors to find high-potential opportunities. These developments in the Solana ecosystem continue to attract more investors and traders to the platform.
Disclaimer: The information contained in this article does not constitute investment advice. Investors should be aware that crypto currencies carry high volatility and therefore risk, and should carry out their transactions in line with their own research.
