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Crypto Trader Turns $1K into Over $100K on Solana's Dogwifhat Memecoin

Blockgraze, the trader, has realized $25,000 in profits while the rest of his investment continues to ride in his wallet.

  • Pseudonymous crypto enthusiast Blockgraze turned $1,000 into over $100,000 by betting on Solana's newest memecoin, Dogwifhat.
  • Blockgraze bought Dogwifhat in late November, shortly after it debuted on the Solana blockchain's DeFi markets.
  • Blockgraze has realized $25,000 in profits while letting the rest of his gamble ride in his wallet.
  • Solana's top memecoin, BONK, launched last Christmas, rallied before dying down, and began climbing again in October.
  • BONK got listed by Coinbase this week, signaling how memecoins can yield big business.
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