Solana Altcoin Skyrockets 7,000% in a Week, Trader Scores 517x Gains

A crypto trader turned $9,075 into $4.7 million—an astounding 517x return—by investing in Launch Coin (LAUNCHCOIN), a Solana-based SocialFi token, according to blockchain tracker Lookonchain.
Another trader held through a 99% crash and now sits on $2.7 million as LAUNCHCOIN’s market cap soared past $150 million. Meanwhile, a third trader sold early at a loss of $800,000 but missed out on gains that could have reached $7.3 million. LAUNCHCOIN has surged 7,000% since early May, now valued at $0.19 with a $195 million market cap.
Clever Robot News Desk 18th May 2025