【Coin Circle】Recently, an extreme trading case appeared on the Solana blockchain. A trader managed to turn an initial capital of $321 into $2.18 million in just 11 days through precise timing.
The trader’s operation logic was very clear: building a large position at the extremely low price of $0.000007 per token for the 114514 token, purchasing 45.58 million tokens. The subsequent market movement completely exceeded expectations — the token price surged directly to $0.048, with daily trading volume breaking through $21 million, ultimately achieving a remarkable 6,800x return.
The market frenzy is vividly reflected in the numbers. The market cap of 114514 touched $48.2 million when the single-day gain reached 274%, an explosive growth that is indeed rare. However, the plot twist came quickly — after this rally, the token price began to pull back, currently declining from the high of $0.048 to approximately $0.031, a significant drop.
What does this case illustrate? On efficient public chains like Solana, volatility in small-cap tokens does exist, but it comes with extremely high risks. Early low-price purchases can indeed generate massive returns, but the price pullback after reaching highs is equally swift. For most traders, being able to catch the bottom at the right time is just one aspect; what truly tests traders is their psychological control in the face of extreme gains.
Solana取引者11日間で6800倍の利益:114514トークンが0.000007から0.048まで急騰し、その後暴落
【Coin Circle】Recently, an extreme trading case appeared on the Solana blockchain. A trader managed to turn an initial capital of $321 into $2.18 million in just 11 days through precise timing.
The trader’s operation logic was very clear: building a large position at the extremely low price of $0.000007 per token for the 114514 token, purchasing 45.58 million tokens. The subsequent market movement completely exceeded expectations — the token price surged directly to $0.048, with daily trading volume breaking through $21 million, ultimately achieving a remarkable 6,800x return.
The market frenzy is vividly reflected in the numbers. The market cap of 114514 touched $48.2 million when the single-day gain reached 274%, an explosive growth that is indeed rare. However, the plot twist came quickly — after this rally, the token price began to pull back, currently declining from the high of $0.048 to approximately $0.031, a significant drop.
What does this case illustrate? On efficient public chains like Solana, volatility in small-cap tokens does exist, but it comes with extremely high risks. Early low-price purchases can indeed generate massive returns, but the price pullback after reaching highs is equally swift. For most traders, being able to catch the bottom at the right time is just one aspect; what truly tests traders is their psychological control in the face of extreme gains.